Company: Steadfast Group Page 1 / 2
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- December 12 2025
Australian broker Steadfast denies Blackstone approach
According to a report, the US private equity titan was considering making an AUS$4.6bn takeover bid for Australia’s largest insurance broker.
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- December 5 2025
Steadfast shares rise following report of Blackstone interest
Private equity giant is reportedly weighing a US$4.6bn bid for the ASX-listed broker.
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- November 28 2025
Laid-off Steadfast COO Noelene Palmer was source of complaint against CEO Robert Kelly: AFR
Complaint from Palmer, who was made redundant earlier this week, involved at least one allegedly inappropriate comment, according to The Australian Financial Review.
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- November 26 2025
Steadfast COO Noelene Palmer departs as Australian broker makes role redundant
Move is part of the broker's expense management initiatives announced in October, company tells IAN.
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- November 17 2025
Steadfast CEO Robert Kelly to return on Tuesday following conclusion of probe into workplace complaint
He had 'chosen to stand aside' on a temporary basis from October 30 amid the investigation.
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- November 7 2025
Steadfast carves up Coverforce divisions
Coverforce Insurance Brokers will be sold to GSA; its network will go to CBN and its strata portfolio will be transferred to BCB Group.
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- October 31 2025
Steadfast calls for ‘shareholders’ patience’ amid Robert Kelly probe over employee complaint
CEO and managing director will remain on full pay for the duration of the 'external investigation' having 'chosen to stand aside' on a temporary basis on the eve of Friday's AGM.
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- October 30 2025
Steadfast CEO Robert Kelly temporarily ‘stands aside’ amid probe into workplace complaint
Tim Mathieson, CEO of Australasian broking, has been appointed as acting chief executive officer, effective immediately.
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- October 13 2025
Steadfast merges underwriting arms to create new specialty MGA Prevail
The broking group combined Mansions, Dawes Motor Insurance and Argis Insurance to form the new underwriting agency, which will be led by CEO David McMurdo.
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- September 2 2025
Gallagher Re to acquire Steadfast Re in APAC expansion push
Acquisition of the Steadfast subsidiary expected to close in Q4 2025.
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- August 29 2025
Steadfast grows revenue by 8.9% to US$1.2bn in FY25
Broker network also announces long-serving chair Frank O’Halloran will step down following its annual general meeting in October.
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- August 29 2025
Steadfast snaps up US MGA and wholesale broker Novum Underwriting
Novum will serve as the program development and management platform for the Australian broker's US network, ISU Steadfast.
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- August 27 2025
Steadfast taps Stella Pruscino as head of broker network
Melbourne-based Pruscino has previously held senior roles at Edgewise Insurance Brokers and WTW.
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- July 25 2025
Steadfast CFO Stephen Humphrys to retire
Hannah Lee, the current group financial controller, will become acting chief financial officer.
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- July 23 2025
Steadfast Group-owned Miramar ropes in AIG veteran Michael Mackenzie as head of underwriting technical services
Melbourne-based Mackenzie spent over nine years at AIG, having also worked for the likes of Allianz, Zurich, Chubb, and CGU.
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- May 2 2025
Mobile plant specialist UAA renews 10-year capacity agreement with QBE
Binder agreement also provides capacity to the New Zealand arm of the Steadfast-owned underwriting agency.
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- March 24 2025
Steadfast restructures leadership team as COO departs
Nigel Fitzgerald will step down on July 1, with Noelene Palmer taking over the role, while Tim Mathieson has been promoted to CEO of Australasia broking.
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- February 25 2025
Steadfast’s H1 FY25 revenue grows 11.5% to US$561m
Australian broking and underwriting group is on target to complete US$191m of trapped capital acquisitions in FY25.
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- January 31 2025
Steadfast-owned brands Network Insurance Group and Insurance House merge
Andrew Broughton, current chief executive officer of Network Insurance Group, will assume the leadership of the combined entity.
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- November 7 2024
Steadfast expands into London market with US$30m Lloyd’s broker HW Wood buy
The acquisition, which is expected to be completed on December 2, gives the Australian group full ownership of the target, including its operations in France and Greece.
