NobleOak Life Ltd · ASX:NOL
NobleOak Life — ASX Small & Mid-Cap Conference 2022
18 slides from NobleOak Life's conference presentation, Mar 15, 2022
Slide 1: ASX Release: ASX Small & Mid-Cap Conference presentation
ASX Release 15 March 2022 ASX Small & Mid-Cap Conference presentation NobleOak Life Limited (ASX: NOL) (NobleOak or the Company), provides the attached For personal use only presentation which is being presented at the ASX Small & Mid-Cap Conference by NobleOak CEO Anthony Brown at 11.30am AEDT, tod
Slide 2: NobleOak Life Limited ASX Small & Mid-Cap Conference 2022
For personal use only NobleOak Life Limited ASX Small & Mid-Cap Conference 2022 15 March 2022
Slide 3: Agenda
Agenda For personal use only 1 Who is NobleOak? 2 HY22 results highlights 3 Q&A Anthony Brown Chief Executive Officer 2
Slide 4: Who is NobleOak?
For personal use only 1Who is NobleOak? 3
Slide 5: Who is NobleOak?
Who is NobleOak? Australia’s fastest growing life insurer For personal use only • Independent Australian life insurer and challenger brand WHO WE ARE • 144-year history and strong values underpin unique culture • Australia’s most awarded direct life insurer (2020-2021) • Full suite of life insurance
Slide 6: Large addressable market
Large addressable market NobleOak has a small market share of a large and growing market For personal use only >$10bn market opportunity1 Multiple industry growth drivers Life risk $16.7bn Population Ageing Individual risk growth population $10.5bn Increasing household Inflation wealth and $226m inc
Slide 7: Significant industry transformation
Significant industry transformation NobleOak is well positioned to benefit from industry change For personal use only Industry Low growth & consolidation profitability • Niche player • Track record of • Well positioned to strong, profitable take advantage of growth market dislocation • Taking market
Slide 8: Strong, disciplined growth
Strong, disciplined growth Demonstrated track record of strong growth in premiums and profits For personal use only In-force Premiums1 ($’000) New Business ($’000) Group Underlying NPAT ($‘000) 80,000 200,000 80,000 8,000 180,000 70,000 70,000 7,000 160,000 60,000 60,000 6,000 140,000 50,000 50,000
Slide 9: Values-led approach to ESG
Values-led approach to ESG ESG framework developed in line with UNSDGs, targets to be disclosed at year-end For personal use only Our values are embedded in our business ESG focus areas Staff are aligned to our cultural values Environment Climate change Recycling Nobility Simplicity We use simple, c
Slide 10: NobleOak's business lines
NobleOak’s business lines Diversified portfolio with long-term growth prospects For personal use only Direct Channel Full suite of life insurance products Strategic Partner Channel Genus 9
Slide 11: Direct Channel: omnichannel client journey
Direct Channel: omnichannel client journey Digital platform delivers excellent customer experience, sales conversion and underwriting quality For personal use only 1 2 3 4 ` Stages Lead Initial quote Application Underwriting Sale Renewal Claim 1 2 3 4 Customer receives Customer Customer or Website C
Slide 12: HY22 results highlights
For personal use only 2 HY22 results highlights 11
Slide 13: H1 FY22 operational highlights
H1 FY22 operational highlights Operationally resilient and continuing to deliver our strategy For personal use only Operationally resilient Maintained High Customer Launched New IDII Product Through first period as listed Satisfaction Levels Ahead of 1 October deadline company and COVID-19 Award win
Slide 14: H1 FY22 financial highlights
H1 FY22 financial highlights Strong growth in premiums and profits continues; Outperformed H1 FY22 Prospectus forecasts For personal use only No. of Active Net Insurance New Business In-force Premiums1 Underlying NPAT Policies1 Premium Revenue 94k+ $40.2m $226.5m $30.8m $4.6m +54% +27% +59% +45% +47
Slide 15: In summary
In summary Well positioned to take advantage of a significant market opportunity For personal use only 1 Australia’s fastest growing life insurer with 144-year history and strong values 2 Track record of strong growth in premiums and profits 3 Simple business model with diversified revenue streams 4
Slide 16: For personal use only
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Slide 17: Thank you for attending
For personal use only Thank you for attending 16
Slide 18: Important notice and disclaimer
Important notice and disclaimer CONTENT OF PRESENTATION FOR INFORMATION PURPOSES ONLY For personal use only Forward-looking statements This presentation may contain statements that are, or may be deemed to be, forward-looking statements. Such statements can generally be identified by the use of word