AUB Group Limited (A5H)

Overview

AUB Group Limited, previously known as Austbrokers Holdings Limited until November 2015, is a prominent firm engaged in the insurance broking and underwriting sectors within Australia and New Zealand. Its core focus is on serving SME clients by providing comprehensive insurance broking and advisory services. The company prides itself on its expertise in designing, distributing, and managing insurance products on behalf of licensed insurance companies. Established in 1885 and with its headquarters located in North Sydney, Australia, AUB Group has grown significantly over the years, expanding its offerings to include a wide range of support services aimed at enhancing the insurance experience for its clients.

Products and Services

AUB Group Limited offers a comprehensive suite of products and services tailored to meet the needs of its SME clients, including:

• Insurance Broking and Advisory Services: These services are at the core of AUB Group’s business, providing SMEs with expert advice and solutions for their insurance needs.
• Ancillary Products: Alongside its main offerings, AUB Group distributes several ancillary products designed to complement existing insurance policies and provide additional layers of protection.
• Insurance Product Design and Distribution: AUB Group innovates in the insurance sector by designing, distributing, and managing specialized insurance products on behalf of licensed insurers, addressing gaps in the market and tailoring coverages to specific needs.
• Support Services: The company extends its portfolio of offerings by providing essential support services, including:
  • Loss Adjustment and Investigations: These services help in assessing and managing claims effectively, ensuring fair outcomes for all parties involved.
  • Claims Management: This involves overseeing the entire claims process to streamline operations and enhance client satisfaction.
  • Claim Legal Support Services: AUB Group assists in the legal aspects of insurance claims, providing expertise needed for complex cases.
• Automated Quoting and Binding, White-Labeling, and Technological Support Services: By leveraging technology, AUB Group delivers innovative solutions that simplify and enhance the insurance process, offering tools like automated quoting and binding, and white-labeling services to its partners.
• ExpressCover: This product offers streamlined insurance solutions, enabling quick and efficient policy handling for clients needing rapid coverage.
• BizCover: A standout offering, BizCover is an online SME insurance platform that brings a multi-channel presence and diverse insurance offerings into the digital sphere, facilitating ease of access and management for business insurance needs.