Steadfast Group Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/steadfast-group/ Fri, 12 Dec 2025 06:27:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Australian broker Steadfast denies Blackstone approach https://insuranceasianews.com/australian-broker-steadfast-denies-blackstone-approach/ Fri, 12 Dec 2025 05:02:44 +0000 https://insuranceasianews.com/?p=206683 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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Australian broker Steadfast has denied it has been approached by Blackstone after it had been reported that the US private equity titan was weighing a bid for the company.
“Steadfast has not been appr...

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]]> Steadfast shares rise following report of Blackstone interest https://insuranceasianews.com/steadfast-shares-rise-following-report-of-blackstone-interest/ Fri, 05 Dec 2025 02:09:48 +0000 https://insuranceasianews.com/?p=206138 Private equity giant is reportedly weighing a US$4.6bn bid for the ASX-listed broker.

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Shares in Steadfast Group, the Australian insurance brokerage, rose in trading on Friday morning after a report in The Australian that US private equity titan Blackstone is weighing a bid for the comp...

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The post Steadfast shares rise following report of Blackstone interest appeared first on InsuranceAsia News.

]]> Laid-off Steadfast COO Noelene Palmer was source of complaint against CEO Robert Kelly: AFR https://insuranceasianews.com/laid-off-steadfast-coo-noelene-palmer-was-source-of-complaint-against-ceo-robert-kelly-afr/ Fri, 28 Nov 2025 03:01:37 +0000 https://insuranceasianews.com/?p=205586 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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Former COO Noelen Palmer, who was made redundant earlier this week, was the source of the recent workplace complaint against Steadfast chief executive Robert Kelly, according to a report by The Austra...

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The post Laid-off Steadfast COO Noelene Palmer was source of complaint against CEO Robert Kelly: AFR appeared first on InsuranceAsia News.

]]> Steadfast COO Noelene Palmer departs as Australian broker makes role redundant https://insuranceasianews.com/steadfast-coo-noelene-palmer-departs-as-australian-broker-makes-role-redundant/ Wed, 26 Nov 2025 08:08:41 +0000 https://insuranceasianews.com/?p=205420 Move is part of the broker's expense management initiatives announced in October, company tells IAN.

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Steadfast has confirmed the departure of COO Noelene Palmer after the Australian broker opted to make the role redundant.
Palmer (pictured) has been with the Australian broker since last year and was ...

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The post Steadfast COO Noelene Palmer departs as Australian broker makes role redundant appeared first on InsuranceAsia News.

]]> Steadfast CEO Robert Kelly to return on Tuesday following conclusion of probe into workplace complaint https://insuranceasianews.com/steadfast-ceo-robert-kelly-to-return-on-tuesday-following-conclusion-of-probe-into-the-workplace-complaint/ Mon, 17 Nov 2025 14:47:10 +0000 https://insuranceasianews.com/?p=204741 He had 'chosen to stand aside' on a temporary basis from October 30 amid the investigation.

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Steadfast CEO and managing director Robert Kelly will return to work on Tuesday following the conclusion of an external investigation into a workplace complaint, the Australian broker has confirmed in...

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The post Steadfast CEO Robert Kelly to return on Tuesday following conclusion of probe into workplace complaint appeared first on InsuranceAsia News.

]]> Steadfast carves up Coverforce divisions https://insuranceasianews.com/steadfast-carves-up-coverforce-divisions/ Fri, 07 Nov 2025 04:18:17 +0000 https://insuranceasianews.com/?p=204094 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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Steadfast has divided the operations of Coverforce Group among its subsidiaries.
Under the terms of the reorganisation, the broking  business, known as Coverforce Insurance brokers, will be sold to GS...

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]]> Steadfast calls for ‘shareholders’ patience’ amid Robert Kelly probe over employee complaint https://insuranceasianews.com/steadfast-calls-for-shareholders-patience-amid-robert-kelly-probe-over-employee-complaint/ Fri, 31 Oct 2025 08:28:41 +0000 https://insuranceasianews.com/?p=203295 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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Australian broker Steadfast has called for shareholders’ patience as it conducts an investigation into a complaint made by an employee against CEO and managing director Robert Kelly.
Steadfast had con...

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The post Steadfast calls for ‘shareholders’ patience’ amid Robert Kelly probe over employee complaint appeared first on InsuranceAsia News.

]]> Steadfast CEO Robert Kelly temporarily ‘stands aside’ amid probe into workplace complaint https://insuranceasianews.com/steadfast-ceo-robert-kelly-temporarily-stands-aside-amid-probe-into-workplace-complaint/ Thu, 30 Oct 2025 08:34:35 +0000 https://insuranceasianews.com/?p=203204 Tim Mathieson, CEO of Australasian broking, has been appointed as acting chief executive officer, effective immediately.

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Steadfast CEO and managing director Robert Kelly has "chosen to stand aside" on a temporary basis amid an investigation into a workplace complaint, the company said in a stock exchange announcement.
K...

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The post Steadfast CEO Robert Kelly temporarily ‘stands aside’ amid probe into workplace complaint appeared first on InsuranceAsia News.

]]> Steadfast merges underwriting arms to create new specialty MGA Prevail https://insuranceasianews.com/steadfast-merges-underwriting-arms-to-create-new-specialty-mga-prevail/ Mon, 13 Oct 2025 09:40:37 +0000 https://insuranceasianews.com/?p=201853 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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Steadfast Underwriting Agencies, the underwriting arm of Australian broker Steadfast Group, has combined three of its MGAs into a new specialty entity known as Prevail.

In a statement on Monday, Stea...

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The post Steadfast merges underwriting arms to create new specialty MGA Prevail appeared first on InsuranceAsia News.

]]> Gallagher Re to acquire Steadfast Re in APAC expansion push https://insuranceasianews.com/gallagher-re-to-acquire-steadfast-re-in-apac-expansion-push/ Tue, 02 Sep 2025 12:00:06 +0000 https://insuranceasianews.com/?p=199001 Acquisition of the Steadfast subsidiary expected to close in Q4 2025.

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Gallagher Re has agreed to acquire Sydney-based Steadfast Re, the reinsurance arm of Australian broker Steadfast Group, marking a significant step in its Asia Pacific growth strategy, a company statem...

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