NIB Holdings Ltd · ASX:NHF
NIB — Investor Presentation (June 2018)
11 slides from NIB's investor presentation, Jun 4, 2018
Slide 1: ASX cover letter to Company Announcements
nib holdings limited t 13 14 63 Head Office f 02 4925 1999 22 Honeysuckle Drive Newcastle NSW 2300 e nib@nib.com.au abn 51 125 633 856 w nib.com.au 4 June 2018 The Manager Company Announcements Australia Securities Exchange Limited Level 4, Bridge Street SYDNEY NSW 2000 Please find attached presenta
Slide 2: World Nomads Group June 2018
• CLICK TO EDIT MASTER TEXT STYLES WORLD NOMADS GROUP JUNE 2018
Slide 3: About World Nomads Group (WNG)
ABOUT WORLD NOMADS GROUP (WNG) • Acquired by nib in July 2015 for a total consideration of $95 million. • Third largest travel insurance distributor in Australia. • Specialises in the marketing, sales and distribution of travel insurance globally. (Australia accounts for ~60% of GWP1 with internatio
Slide 4: Business Model
BUSINESS MODEL Australia and New Zealand Other International Markets Distribution & Selling WNG distributes travel WNG operates as an insurance via the world underwriting agent of the nomads & Vivamos brand insurer and generates income Emergency Assist from various services and Claims Handling Insur
Slide 5: Recent Activity and Results
RECENT ACTIVITY AND RESULTS Rebranding World Nomads Group to nib 1H18 Sales by Region Travel with product brand names remaining in place. 16% Business integration completed: • Shared infrastructure and premises. Australia • Access to Group hospital networks locally 13% USA 56% and abroad. EUR/UK
Slide 6: Market Structure
MARKET STRUCTURE Local market circa $1b1, delivering growth across agency Australian travel insurance market share and direct channels. WNG participates across all channels except bancassurance. Participant 1 Participant 2 Top five players represent circa 80% of domestic market1. 32% WNG Others 42%
Slide 7: Key Trends
KEY TRENDS More people are crossing borders given changing demographics, increased affordability and accessibility of travel Changing consumer expectations on service and product coverage Fragmentation and proliferation of travel-related distribution channels Emergence of Insuretech and travel tech
Slide 8: People Continue to Travel but Are Often Uninsured
PEOPLE CONTINUE TO TRAVEL BUT ARE OFTEN UNINSURED Market observations and estimates: 2 in 5 UK travellers are 9% of Australian travellers 50%+ of US travellers are 43%+ of Canadian without the right and 20% of NZ travellers willing but not currently millennials are travelling insurance or any are un
Slide 9: Business Strategy – Our Focus
BUSINESS STRATEGY – OUR FOCUS DOMESTIC INTERNATIONAL Continued Considered expansion transformation of the • Continuation of Australian marketplace international momentum, • Strong Group supporting strong run capabilities matched with rates and digital growth strong e-commerce and strategy. digital s
Slide 10: Group FY18 Outlook and Guidance
GROUP FY18 OUTLOOK AND GUIDANCE ($m) FY18 (Guidance) • arhi organic growth 3-4% with ongoing Statutory operating profit $148.7 investment and creativity. FY18 arhi net margin One-off transactions and M&A costs 9.0 likely to be at high end of 5-6% range. One-off transactions1 5.7 • FY18 Group UOP exp
Slide 11: Questions?
QUESTIONS? 10