AUB group
- Company typePublic
- Founded1985
- HeadquartersSydney, Australia
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
AUB group firmographics
Firmographics- 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
AUB group industry classification
Industry- 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
Where AUB group is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices4 records
Markets served
AUB group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Insurance Placement Commission and Fees: Recurring commission and fee revenue from placing commercial and retail insurance. Primary revenue stream from broker network operations.
- Underwriting Agency Revenue: Revenue from specialty underwriting agencies including Pacific Indemnity (financial lines), Rubix Underwriting (commercial strata), SUU, Longitude, and 360 Underwriting.
- BizCover Digital Platform: Direct-to-client insurance platform generating revenue from insurance product sales with improving margins across all territories.
- 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
AUB group product offering
Product offeringCore 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
Companies that use AUB group
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles5 records
AUB group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
AUB group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship, core and minor.
- Prestige Insurance HoldingsflagshipAUB 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 CompaniescoreAUB 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 SolutionscoreAUB 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 IndemnitycoreAUB 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)minorAllens 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 BrokersflagshipTysers 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
AUB group competitors and assessment
Company assessmentEmerging 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
AUB group social profiles
Digital presenceAUB group financial estimates
Financial estimateRevenue estimate
Valuation estimate
AUB group leadership team
Management profileNumber of profiles
Profiles10 records
AUB group subsidiaries and ownership
Company hierarchySubsidiaries5 records
AUB group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AUB group M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AUB group
What does AUB group do?
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.
Is AUB group a public or private company?
AUB group is a public company. It is classified as public and is currently operating.
When was AUB group founded?
AUB group was founded in 1985. It employs 5,001 to 10,000 people.
Where is AUB group based?
AUB group is headquartered in Sydney, Australia, in the Oceania region.
How does AUB group make money?
Four revenue lines are on record. Insurance Placement Commission and Fees are the primary driver. The others are underwriting Agency Revenue, bizCover Digital Platform and tysers Wholesale Brokerage.
Who are AUB group's main competitors?
Emerging players on record are Lockton and Acrisure. Direct peers are Brown & Brown, Steadfast Group, PSC Insurance Group and Hub International. Broad incumbents are Willis Towers Watson, Arthur J. Gallagher & Co., Aon plc and Marsh McLennan.
Does AUB group have an API?
No public API is recorded for AUB group.
What industry is AUB group in?
AUB group's product category is Insurance Brokerage and Underwriting. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 524210 and its SIC code is 6411.