Altius Group awarded Health & Life Sciences Growth Company in the 2017 Australian Growth Company Awards 


Altius Group, an equity partner of AUB Group, has won the Health & Life Sciences Growth Company award in the 2017 Australian Growth Company Awards at a ceremony in Sydney last night. The Australian Growth Company Awards celebrate excellence in the mid-market. 

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How brokers can drive customers satisfaction and loyalty


In the face of expected increases in insurance premiums due to a potential interest-rate rise, one expert has stressed that now more than ever, it is important for brokers to deliver increased value. “The role of a modern insurance broker has to go much further than simply broking an insurance placement,” said Nigel Thomas, divisional […]

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AUB Group announces profit increase


AUB Group has announced a 7.5% increase in adjusted net profit after tax to $40.4m as all operating areas of the business are seeing growth. Reported net profit after tax for the firm dipped to $33m, from $42m, due to non-recurring profits on sale of investments earned in FY16, reduced fair value adjustments and contingent […]

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Why the right partner can help safeguard against risk


Risk is a main cause of uncertainty for organisations, so leaders need to manage risk when creating a business roadmap. Business leaders need to consider a comprehensive risk management strategy, otherwise the company cannot clearly define its future plans, and manage the business for growth. Why you need an effective risk management strategy Business risks […]

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Fresh NZ proposition holds out to ‘twin headwinds’


The twin headwinds of price and interest rates that have dented AUB Group’s Australian broking arm, as shown in last week’s results, have done little to stop the momentum growing in its New Zealand operations, says Group CEO and managing director Mark Searles. Audibly enthused by events in New Zealand in the 18 months since […]

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AUB hails diversification strategy as profit rises


AUB Group has reported net income of $42 million for the year to June 30, up 20.4% on the previous year. MD and CEO Mark Searles says he is delighted with the performance in the face of “twin headwinds” – falling premiums and declining investment returns. “The thing that pleases me is how our strategy […]

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Risk Services footprint expands


AUB Group partner, Altius Group, has announced its latest acquisition confirming the purchase of Western Australia-based injury management and psychological services business, PeopleSense. The move “accelerates” AUB Group’s total risk solutions strategy and marks a geographic spread for the business which has set its sights on becoming the foremost total risk solutions partner across Australia. […]

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AUB Group adds industry veteran


AUB Group has announced the addition of an industry veteran to help strengthen its total risk solution offering for clients. The Group has added Jordan Hawke to aid its financial risk offering as he will join the business to lead the life and financial services initiative at the company. 

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Diversify to survive


Sydney Morning Herald: The pressure is on for insurance brokers to diversify their business amid prolonged difficult conditions wrought by falling commercial insurance rates, according to AUB Group. Mark Searles, the chief executive of the $576 million broking group, said the outlook for commercial insurance remained “challenging” after years of depressed premium prices. The trend […]

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AUB Group 1HY16 Results


72% increase in Reported consolidated Net Profit After Tax for 1HY16 to $23.8m (1HY15: $13.9m)1, benefiting from the $6.2m after tax profit on the sale of an associate. 3.5% increase in Adjusted NPAT2 to $12.9m (1HY15 $12.4m). Fully franked interim dividend maintained at 12 cents per share. AUB expects FY16 Adjusted NPAT growth to […]

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Chief Future Officer’s CFO Spotlight – Jodie Blackledge, AUB Group


Jodie’s top three business priorities for early 2016: 1.Engagement and development of my team across all facets of my role – we’re a people focused organisation. 2.Exploring the potential of leveraging services abroad – utilising service capability and capacity in India is definitely on the radar. 3.When preparing our half year results release to shareholders, ensuring […]

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The ASX files: The value is out there


Volatility in global markets has not produced a fire sale of quality companies, but experts say there are opportunities if you know where to look. by James Frost and Sally Patten Steep and sudden sharemarket sell-offs have proved to be a happy hunting ground for those with long-term horizons.

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Analysis: The rise of Australia’s broker networks

Excerpts from the UK’s Post Magazine: James Chalmers explains why Australia’s broker networks are expanding beyond their traditional independent broker network base. Once a frontier land teeming with small independent brokers, the Australian broking landscape has become increasingly consolidated as competition and compliance costs ratchet up the pressure to join forces. Large internationals such as Aon, […]Read More

Future Forecast

Market conditions, the Financial Systems Inquiry, big data and wearable technology – these are some of the topics occupying the minds of industry leaders. Broking – Mark Searles – CEO and Managing Director, Austbrokers: “The consensus about the insurance market is that the commercial lines outlook is still challenging. While premium rates are expected to stabilise, […]Read More

AUB Group boss on 2015 highlights and challenges for 2016

AUB Group managing director Mark Searles tells IBNZ his 2015 highlights and what challenges he expects the company – and the industry – will face this year. What have been the highlights of 2015 for you? We’ve just achieved our 10th consecutive year of underlying profit growth since listing, which, given the recent state of […]Read More

AUB Group continues momentum and sells shareholding in Strathearn

Sydney, 18 December, 2015:  After an eight year association, ASX-listed AUB Group Limited (ASX:AUB), owners of the Austbrokers broking network, has announced it will no longer hold ownership in Strathearn Insurance Group (Strathearn). “Divesting in businesses is uncommon for AUB Group. Our unique ‘owner-driver’ partnership model has resulted in only a handful of divestments in […]Read More

Group acquires one of NZ’s largest brokers

Group’s owner acquires one of NZ’s largest brokers AUB Group (owners of NZbrokers) has acquired one of New Zealand’s largest brokers – the current Insurance Broker of the Year, Runacres and Associates – from IAG. The group has arranged the deal through its 80% owned entity AUB Group NZ Ltd, making the announcement this morning. AUB Group CEO […]Read More

AUB Group CMO’s 5 tips for a successful rebranding strategy

Marketing leader talks through the recent rebranding from Austbrokers to AUB Group as part of a new global brand identity Successful rebranding requires patience, good timing and an engaging strategy, according to AUB Group CMO, Vanessa Lyons. Lyons was instrumental in the recent brand evolution of the risk and insurance solutions provider, formerly known as […]Read More