Aub Group Limited · ASX:AUB
Aub — Austbrokers Holdings — Shareholder Meeting (November 2015)
18 slides from Aub's shareholder meeting presentation, Nov 26, 2015
Slide 1: Cover letter to ASX
26th November 2015 For personal use only The Manager Company Announcements Platform Australian Securities Exchange Exchange Centre 20 Bridge Street Sydney, NSW 2000 Dear Sir, Attached is a copy of the prepared Chief Executive Officer’s address and presentation which will be delivered at Austbrokers
Slide 2: CEO's Address to Annual General Meeting
AUSTBROKERS HOLDINGS LTD CEO’S ADDRESS TO ANNUAL GENERAL MEETING 26TH NOVEMBER 2015 Thank you Richard and I’d like to add my welcome to everyone here today. Importantly I would like to take this opportunity of thanking Richard on behalf of the management, staff and partners for his 10 years of servi
Slide 3: For personal use only
FY2015, client numbers and policy count increased as did contribution from premium funding and life insurance. This positions the businesses well for the future. Acquisition activity continued on both a stand-alone and bolt-on basis and included the acquisition, through the 80% owned NZ Broker Holdi
Slide 4: For personal use only
strategic goal: ‘”to be the leading provider of risk management solutions to our clients”. Remembering the vast majority of our end clients are businesses and businesses face three key areas of risk: physical risk; people risk; financial risk. Our ambition is to help ensure our partners have the app
Slide 5: For personal use only
majority of the Group’s income is generated in the Broking arena but we now have very significant interests in the Underwriting agency and Risk Services areas. Furthermore, our expansion internationally to become the third largest broking entity in New Zealand is further evidence of our diversificat
Slide 6: Annual General Meeting Managing Directors Report
For personal use only AUSTBROKERS HOLDINGS LTD ANNUAL GENERAL MEETING MANAGING DIRECTORS REPORT 26TH NOVEMBER 2015
Slide 7: Agenda
AGENDA For personal use only • Who we are • FY15 results • Our defining principles and disciplines • Group Strategy • How we organise and execute • Delivering to shareholders • Group brand • FY16 outlook and approach
Slide 8: Who are Austbrokers?
WHO ARE AUSTBROKERS? As at November 2015 For personal use only clients and Equity in 75+ 450,000+ growing businesses across 310+ locations People ~30 >3,000 YRS LARGEST equity based risk management, advice and solutions specialist in Australasia active partnership Directly represent Top 3 Leading La
Slide 9: Performance Summary FY15
PERFORMANCE SUMMARY FY15 For personal use only
Slide 10: Our Core Business Principles
OUR CORE BUSINESS PRINCIPLES For personal use only
Slide 11: The Group's Strategic Goal
THE GROUP’S STRATEGIC GOAL To be the leading provider of risk management advice solutions to our clients. For personal use only
Slide 12: The Group's Strategic Objective
THE GROUP’S STRATEGIC OBJECTIVE Long term sustainable growth. For personal use only
Slide 13: Delivering Against Our Strategy FY15
DELIVERING AGAINST OUR STRATEGY FY15 ELIVERING Demonstrating AGAINST measurable success to date OUR STRATEGY For personal use only
Slide 14: A Diversified Group
A DIVERSIFIED GROUP Focused on the delivery of risk management advice and solutions to our clients For personal use only AHL AIMS Insurance Specialist Risk NZbrokers Broking U/W Services (AUS + NZ) • NZ Brokers: >$0.5Bn GWP: New Zealand’s largest cluster group • 50+ broking groups • 21 agency groups
Slide 15: Continuing to Deliver to Shareholders
CONTINUING TO DELIVER TO SHAREHOLDERS For personal use only • Final dividend per share of 27.7 cents brings full year dividend to 39.7 cents up 3.1% on FY14. • DRP remains in place for final dividend, however will not be underwritten. • Payout ratio on adjusted NPAT is 67% (FY14 64%) • CAGR over 9 y
Slide 16: How We Will Look Tomorrow
HOW WE WILL LOOK TOMORROW For personal use only
Slide 17: FY16 Outlook Update
FY16 OUTLOOK UPDATE The commercial lines insurance market outlook remains challenging, and while premium rates are expected to stabilise in FY2016 in Australia and New Zealand, premium growth is unlikely before late FY2016/FY2017. For personal use only Experience to date has shown rate decline less
Slide 18: Annual General Meeting
For personal use only AUSTBROKERS HOLDINGS LTD ANNUAL GENERAL MEETING
Austbrokers Holdings — Shareholder Meeting (November 2015) on 6ix