In announcing AUB Group’s FY2015 results, Mark Searles said its underwriting agencies arm experienced a 29% increase in revenue, and its profit contribution before tax was 35%. AUB Group’s agency strategy involves building specialist underwriting businesses that become top-three players, if not market leaders, in chosen segments. Longitude Insurance and New Surety are two of the success stories so far in the execution of that strategy. There’s certainly innovative work being undertaken at Austagencies under Craig Patterson’s leadership. What’s in the pipeline for the year to come?
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