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Announced

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AUB Group completed the acquisition of a 40% in BizCover for $92m.

Synopsis

AUB Group, an equity-based risk management, advice and solutions provider, completed the acquisition of a 40% in BizCover, an online insurance distribution platform, for $92m. “This investment will enable AUB to capitalise on the significant growth of BizCover. In addition, this strategic relationship will enable Austbrokers members to benefit from BizCover’s exceptional technology and their innovative culture,” Mike Emmett, AUB CEO and Group Managing Director.

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