M&A Deal Summary |
|
|---|---|
| Date | 2013-05-29 |
| Target | Guardian Underwriting Services Pty |
| Sector | Insurance |
| Buyer(s) | AUB Group |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1885 |
| Sector | Distribution |
| Employees | 3,000 |
| Revenue | 299M AUD (2020) |
AUB Group is a Australia's equity-based insurance distribution, specialist underwriting agency and risk services group. The AUB distribution network comprises 50 brokerages representing over 320,000 clients with $2 billion of GWP and approximately $1.8 billion in funds under management. AUB Group was founded in 1885 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 15 |
| Sector (Insurance) | 8 of 14 |
| Type (Add-on Acquisition) | 6 of 10 |
| Country (Australia) | 8 of 14 |
| Year (2013) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-05-29 |
Lawsons Underwriting Australasia
Perth, Australia Lawsons are a specialist underwriting agency operating in the area of labour hire and recruitment, group training and contracting as well as arranging underwriting solutions for complex liability exposures from offices in Perth, Sydney, Melbourne, Hobart and Brisbane. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-06-13 |
InterRISK Australia Pty
Sydney,NSW, Australia InterRisk is a provider of corporate insurance broking and risk advisory services for medium to large companies. It commenced operations in May 2004 and has offices in Sydney, Melbourne and Brisbane. Key target areas are; tourism and leisure, financial services and manufacturing industries. InterRisk has the ability to design and place complex local and international insurance programs. It provides value added services such as risk retention analysis, claims advisory, evaluation of corporate risk management and risk financing programs. |
Buy | - |
