AUB Group (ASX:AUB), Australasia’s largest equity-based insurance broker network, has today announced a restructure of AIMS, redefining its mandate to drive the Group’s end-to-end partner value proposition.

AUB Group (ASX:AUB), Australasia’s largest equity-based insurance broker network, and IBNA (the non-equity Australian insurance broker network), have today announced a decision to mutually end their AIMS joint venture relationship. The decision has been reached due to diverging requirements across the two member groups on the future direction of the partnership.

Insurance Advisernet and AUB Group (ASX:AUB) today announced a new jointly-owned venture, Insurance Advisernet Equity Partners.

AUB Group, Australasia’s largest equity based broker network, has today hosted a conference call and webinar to discuss the company's investor presentation and trading update released to the ASX. 

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AUB Group Limited (ASX:AUB) has today announced a 1.8% increase in Adjusted Net Profit After Tax (Adjusted NPAT¹) to reach $17.0m, up from $16.7m in 1H18, including costs relating to the  Austbrokers Canberra fraud of $1.6m.

AUB Group Limited has today announced the appointment of Mike Emmett as the Group’s new Chief Executive Officer and Managing Director, effective 11 March 2019.

AUB Group has today announced an increased shareholding in BrokerWeb Risk Services (BWRS), one of New Zealand’s largest insurance brokers, with NZD150 million in gross written premium.

AUB Group Limited (ASX:AUB) has today announced a $115 million capital raising in support of acquisition funding, further organic growth, and debt repayment.

AUB Group Limited (ASX:AUB) has today announced its agreement to take a majority interest in Adroit Insurance & Risk (Adroit).

AUB Group Limited (ASX:AUB) has today announced a 10.3% increase in Adjusted Net Profit After Tax (Adjusted NPAT) to reach $44.6 million, up from $40.4 million in FY17. Drivers include growth across all operating areas and the strengthening of profit generation through diversification. The strong results stem directly from the successful execution of the Group’s long-term strategy.

Austbrokers has partnered with CoreLogic to give brokers real-time data for their clients. Partners will be able to access Cordell Commercial Estimator, Cordell Sum Sure, and RP Data Professional. The addition of these new tools will continue to enhance the Austbrokers partners by providing clients with accurate estimates for the replacement costs of commercial and residential properties. 

MEDIA RELEASE February 27, 2018 – NZbrokers continues to build momentum through strong growth within the current network and a solid pipeline of potential acquisitions and new members, having grown from 56 to 60 partners in the last 12 months. Jo Mason, CEO, NZbrokers, said, “Our broker network now represents more than 164,000 clients in more than 85 locations […]

AUB Group has announced that its reported net profit after tax for the first half of 2018 has increased by 91.5%. The firm announced that its reported NPAT has hit $23.4m, compared with $12.4m in the first half of 2017, as adjusted NPAT also rose 15.1% to $16.7m, compared with $14.5m in prior corresponding period. […]

AUB Group has announced its New Zealand growth and expansion strategy continues to gain momentum as equity partner, BrokerWeb Risk Services (BWRS) expands its national footprint by acquiring Hamilton-based insurance broking firm, Lowe Schollum & Jones Ltd (LSJ), effective immediately.

With all signs on the horizon pointing to a hardening market, clients who have been paying relatively low premiums may face increases for some products. This can create frustration and dissatisfaction unless, as their broker, you can work closely with your clients to communicate the reason behind the changes.

If you’re thinking about growing your business, a partnership may be on the cards. It can be a useful way to increase your business’s reach beyond what would have been possible alone. After all, partnering with the right organisation can give your small business access to more resources, including access to infrastructure and operational assistance, […]

Workplace risk: why you need to mitigate risk for better performance If you’re a business leader then you know how important it is to identify and reduce risk wherever it occurs in the organisation: it’s just good business sense.