Austbrokers Holdings ramps up its broking expertise with the addition of the KJ Risk Group

Sydney, 31 August 2015: ASX-listed Austbrokers Holdings Limited (ASX:AUB) today announced its new partnership with KJ Risk Group, specialists in corporate insurance, risk advice and alternative risk financing. This acquisition continues Austbrokers Holdings’ disciplined focus in partnering with leading insurance brokers, underwriting agencies and risk services companies additionally adding complementary skill sets to the Group.  […]Read More

Austbrokers Holdings reports tenth year of consecutive growth despite challenging market – non-broking areas and new markets delivering

Key highlights: 10th consecutive year of underlying profit growth since listing 2.5% increase in Adjusted NPAT to $36.3 million, within middle of guidance range and above consensus 9.4% increase in group revenue to $217.3m Group’s GWP pool grown by over 20% in the year driven by New Zealand and new Austbrokers partners Final fully franked […]Read More

The newspaper analyst: a cautionary tale

From InsuranceNEWS: “Don’t believe everything you read in the newspapers” is true enough. So is the comment by the British poet Alexander Pope in his Essay on Criticism: “A little knowledge is a dangerous thing.” The opinions of financial analysts usually carry more weight than the articles of business journalists. People invest on the strength […]Read More

NSW 2015 Workers’ Compensation Reform Bill

This week the NSW Government has announced a $1 billion workers’ compensation reform package designed to increase benefits, create a ‘fairer system’ for injured workers and ensure the system is financially sustainable. Austbrokers Holdings has been directly engaged by WorkCover NSW on these changes and is working to ensure our Broking & Risk Services partners […]Read More

Austbrokers Holdings diversification strategy accelerates with acquisition of equity in Allied Health Australia

Sydney, 5 August 2015: ASX-listed Austbrokers Holdings Limited (ASX:AUB) today announced its new equity partnership with Allied Health Australia, a leading occupational health and safety rehabilitation service provider. The partnership is further evidence of the progress of Austbrokers’ risk management strategy, which was initiated two years ago. This strategy has already resulted in the generation […]Read More