I often like covering stocks that I analysed as a junior in order to monitor how they look right now. One that consistently has kicked goals on its growth trajectory is AUB (ASX:AUB)
I remember covering AUB when it was known as Austwide Brokers. Just to show you how old I am (and how long I have been doing this stuff) I can remember OAMPS and the like and number of what it calls “transformative acquisitions” to get to where it is today. But this is not a case of me reminiscing about the good (or bad) old days. Rather we are going to look at AUB with our modern lens.
Today as AUB it is a $3.7B Mkt Cap stock, it’s in the ASX200 and it’s a leader in its target market.
It operates a network of retail and wholesale insurance brokers and underwriting agencies. It works through a network of approximately 595 locations globally, employing over 5,500 team members who manage over AUD 10 billion in insurance premiums on behalf of around one million clients (which includes me as owner of an AFSL). The group’s services...
