By now many of you would have read the announcement earlier this morning that AUB Group has acquired 360 Underwriting Solutions and restructured its Underwriting Agencies which will comprise three subdivisions.
Pleasingly, the Founders of 360, Denis Morrissey and Chris Lynch, will be responsible for leading the General and Commercial business with the same passion for service, culture and growth that have underpinned the success of 360.
With a significant equity position in the new venture the business will continue to trade primarily as 360 Underwriting Solutions and offer the following products ;
- Property and Hospitality
- Commercial Motor
- Fleet Motor and Heavy Motor
- Bus and Coach
- Accident & Health
- Farm & Regional
- Mobile Plant & Equipment
So while the Shareholding has changed, the great news is that we will continue to trade as 360, we will continue to build on the unique culture of 360 and we will continue to drive the 360 journey in line with our promise to deliver Solutions our Brokers want, Service they expect from People they know.
“Whilst it may seem premature that we have re-shaped the shareholding in the company after only 3 years of trading, we have come to the conclusion that the influence of a significant shareholder partner in AUB can only enhance our ability to achieve all of the plans we have for 360, and in turn create opportunity and relevance for our Broker partners across Australia.” Founder and Director Denis Morrissey reflected.
Fellow Founder and Director, Chris Lynch, added; “I’m excited to help bring to market the combination of AUB Group’s heritage and strength with our agility and responsiveness. This partnership will enable 360 to continue to drive a holistic customer service and risk solution proposition to all our key broker partners. Mutual success sits at the heart of the 360 Underwriting model, we now become even more certain of creating a positive experience and return for all stakeholders.”
In addition, the AUB Board has just announced the details of the partnership as follows ;
CLICK HERE to read their announcement.
CLICK HERE to view our 360 Contact Details.