AUB group

Name

AUB group

Legal name

AUB Group Limited

Website

https://aubgroup.com.au

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Insurance Brokerage and Underwriting

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Insurance Carriers and Related Activities (524), Insurance Carriers (5241), Direct Property and Casualty Insurance Carriers (524126)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Insurance brokerage services
• Underwriting agency network
• Wholesale insurance broking
• Commercial insurance placement
• Specialty insurance underwriting

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Insurance Placement Commission and Fees: Recurring commission and fee revenue from placing commercial and retail insurance. Primary revenue stream from broker network operations.
2. Underwriting Agency Revenue: Revenue from specialty underwriting agencies including Pacific Indemnity (financial lines), Rubix Underwriting (commercial strata), SUU, Longitude, and 360 Underwriting.
3. BizCover Digital Platform: Direct-to-client insurance platform generating revenue from insurance product sales with improving margins across all territories.
4. Tysers Wholesale Brokerage: Lloyd's wholesale broker generating revenue through reinsurance hubs in Singapore and Miami, placing wholesale business with essential product/industry capabilities.

Go-to-market motion3 records

Distribution channels7 records

Marketing channels6 records

Core offering

AUB Group operates an equity-based insurance broker and underwriting agency network spanning ~579 locations globally. The company places ~AUD 11 billion in insurance premiums annually across retail broking (Austbrokers, Insurance Advisernet, NZbrokers), wholesale broking (Tysers at Lloyd's), specialty underwriting agencies (Pacific Indemnity, Rubix, SUU, Longitude), and direct-to-client digital insurance via BizCover, serving ~1 million clients across Australia, New Zealand, and the UK.

Product overview

AUB Group is an ASX200 listed insurance broker and underwriting agency network offering a platform of retail and wholesale insurance brokerage services and underwriting agency products. The portfolio includes core broker networks (Austbrokers, NZbrokers, Insurance Advisernet), wholesale operations (Tysers), direct insurance platforms (BizCover), strata insurance agencies (SUU, Longitude, Rubix Underwriting), AR networks (Movo Partnership, Momentum Broker Solutions), technology platforms (Durell Software with Quote Portal), and specialty underwriting agencies (Pacific Indemnity). The recently acquired Prestige Insurance serves as AUB's flagship UK retail broking platform. The group operates across Australia, New Zealand, and the UK with approximately 579 locations and places approximately AUD 11 billion in insurance premiums annually.

Differentiator

Problem solved

Functional benefit

Brands

• Movo Partnership: Authorised Representative network with over 100 brokers placing premium in the market
• Durell Software
• Rubix Underwriting
• SUU
• Longitude

Products and services

• Australian Broking Retail insurance broker networks in Australia including Austbrokers, Insurance Advisernet, and The Insurance Alliance (TIA), providing commercial and personal lines insurance products to clients through ~570 locations.
• Tysers Insurance Brokers UK-based Lloyd's wholesale insurance broker providing wholesale brokerage and reinsurance services through hubs in Singapore and Miami.
• BizCover

Quantifiable outcome

• 13.9% increase in underlying NPAT to AUD 90.4 million in H1 FY26
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• Prestige Insurance HoldingsflagshipStrategic or Co-development Partner · 27 January 2026AUB acquiring 95.9% stake in Prestige Insurance Holdings (PIHL Holdings Limited) for £219 million. Prestige operates retail broking, MGAs, and insurtech across UK and Ireland with £310 million GWP. Will become AUB's flagship UK retail broking platform, consolidating Tysers' retail portfolios. FCA clearance received, expected to complete by June 2026.
• Movo Group of CompaniescoreStrategic or Co-development Partner · 19 August 2024AUB acquired 80% equity stake in Movo Group including AR network Movo Partnership, equity broking group Movo Insurance Brokers, and Durell Software technology platform. Movo Partnership has 100+ brokers placing £110 million premium. Deal subject to regulatory approval.
• Momentum Broker SolutionscoreStrategic or Co-development Partner · 10 June 2024AUB acquired 40% equity stake in Momentum, UK's leading AR network with 100+ Authorised Representative partners responsible for £90 million+ GWP. Founded in 2010, the network has achieved double-digit growth every year. Investment enables AUB's UK retail broking expansion.
• Pacific IndemnitycoreStrategic or Co-development Partner · 24 May 2024AUB acquired 70% stake in Pacific Indemnity, Australian financial lines underwriting agency. Enterprise value $192 million with $105 million upfront payment. Pacific Indemnity specializes in professional indemnity, D&O liability, and general liability insurance products with binders at Lloyd's and local carriers. GWP of $177 million in prior financial year.
• Allens (Legal Advisor)minorImplementation/ SI/ Consulting Partner · 23 May 2024Allens advised AUB Group on $200 million equity raising and Pacific Indemnity acquisition. Equity raising was oversubscribed with strong investor demand. Deal involved 70% stake acquisition in Pacific Indemnity Underwriting Solutions.
• Tysers Insurance BrokersflagshipStrategic or Co-development Partner · 30 September 2022Tysers acquired by AUB Group Limited for $880 million. UK Lloyd's wholesale broker with operations in Singapore and Miami repurposed as reinsurance hubs. Contributed to earnings from October 2022 with underlying revenue of $192.4 million in H1 FY24. Key component of AUB's international expansion strategy.

Scale indicators19 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Lockton: Largest privately held insurance broker in the US, operating a partner-led, decentralized model analogous to AUB's equity-partnership network, with strong specialty and commercial lines capabilities.
• Acrisure: Privately held US-headquartered insurance broker built entirely through M&A, with growing international and specialty operations. Comparable to AUB as a fast-scaling, acquisition-driven broker network.

Direct peers

• Brown & Brown: US-listed insurance broker with a decentralized, profit-center operating model and strong M&A track record, comparable to AUB's equity-partner structure and acquisition-led growth.
• Steadfast Group: ASX-listed Australian and New Zealand insurance broker network with a similar equity-partnership/aggregator model, retail broker networks, and underwriting agency exposure. Closest direct comp to AUB in the ANZ market.
• PSC Insurance Group: ASX-listed Australian insurance broker with a mix of retail, wholesale, and underwriting agency operations and an active M&A program — a direct competitor for ANZ brokerage and underwriting agency assets.
• Hub International: North American insurance broker with a partner/equity-based model and a focus on middle-market commercial clients. Closely aligned with AUB's equity-partnership, decentralized operating philosophy.

Broad incumbents

• Willis Towers Watson: Global insurance broker and advisory firm with significant Lloyd's market presence. Comparable to AUB's Tysers wholesale operation and Pacific Indemnity specialty lines.
• Arthur J. Gallagher & Co. Large US-listed global insurance broker and risk manager with brokerage, risk management, and HR consulting operations. Operates a similar acquisition-led growth model and is materially larger, providing a benchmark for AUB's roll-up strategy.
• Aon plc: Global professional services firm focused on risk, insurance brokerage, and reinsurance. A major incumbent competitor for large commercial and specialty placements routed through Tysers and Pacific Indemnity.
• Marsh McLennan: Global insurance brokerage, risk management, and consulting group (parent of Marsh). Provides a benchmark for the scale and margin profile of incumbent global brokers relative to AUB's emerging global presence.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aub-group-limited
• Xx.com/aubgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AUB group