Austbrokers Acquires 50% Interest in Rivers Insurance Brokers
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Austbrokers Central Coast has acquired the portfolio of Gosford Insurance Brokers...
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Austbrokers Holdings Ltd
ASX code AUB


Last Price

 

A Perfect Balance of Individual Commitment
and National Performance

The Austbrokers Network was established 21 years ago to give individual General Insurance brokers the opportunity to enjoy the benefits of a larger group, yet still maintain that all important feel of independence.

To achieve this, Austbrokers have acquired equity in selected insurance broking and financial services businesses, allowing individual brokers to retain a significant equity interest in their own broking business. This encourages initiative and dedication, allowing the businesses to preserve their local identity and management. This balance allows the individual firms to enjoy all the advantages of being part of a major group (strategic support, capital and scale benefits), yet still maintain the best business incentive there is - being one's own boss.

With a total turnover of over $1 billion in general insurance premiums, and over $32 million in new Life Risk and Accumulation premiums annually, the Austbrokers Network ranks within the top general insurance broking groups in Australia.

The Austbrokers Network has now established itself as a full spectrum Financial Services provider by creating an Integrated Financial Services model that leverages off the core general insurance broking business.

Austbrokers believes this model gives it maximum potential in the financial marketplace of the future.


Lach McKeough
Chief Executive Officer