Austbrokers Holdings Limited (AUB)

Austbrokers is one of the leading insurance broker networks in Australia, responsible for placing for over $1.5bn of insurance premiums annually. It has interest in over 45 insurance broking businesses. AUB is principally operated under an owner driver business model that allows individual brokers to retain equity in their businesses as co-owners. The member firms provide insurance broking services mostly to SME clients and high net worth individuals. AUB also owns Austagencies which currently operates through fifteen underwriting agencies that handle premiums in excess of $200m.
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