Business Strategy

AUB Group’s strategy remains consistent – exploit the latent potential in our existing business supplemented with strategically aligned and disciplined inorganic growth.

• Deliver a market leading proposition for our brokers, and in-turn our clients, by investing in processes and technologies that drive efficient and effective outcomes;
• Continued focus on optimising our portfolio through consolidation and targeted involvement to improve underlying business performance; and
• Manage our active pipeline of external M&A opportunities through a disciplined and strategic approach to investment.

AUB Group's Priorities for FY24

In FY24, the business will continue to evolve its focus from FY23 priorities with specific accountability for the following:

• Improve and enhance New Zealand performance

  Accelerated revenue and profit growth for AUB NZ’s portfolio of brokers. Successful development, pilot and implementation of Project Lola and commencement of roll-out to NZbrokers network

• Optimise our network

  Continue to optimise our portfolio of businesses to outperform by consolidating into more efficient operating entities or to expand specialistion.

• Execute on strategically aligned acquisitions

  Disciplined and targeted approach to acquisitions, either bolt-ons that deliver synergy benefits or to expand capabilities and footprint. Increased investments in current network businesses to aid consolidation/optimisation.

• Stabilise and optimise Tysers post acquisition

  Enhance the business’ growth potential through strategic intervention in areas of opportunity to expand contribution to AUB UNPAT, including execution of proposed synergy initiatives. Evolve the operating model to allow successful delivery of the strategic objectives and optimise costs.