It is a simple fact that most homeowners will not have enough savings to rebuild a badly damaged or destroyed home, or to pay off the mortgage still owing even though the home no longer exists. That’s why we have insurance, right? Even though most homeowners do have Home Insurance, a worrying proportion of people do […]
Nike went from “Just Do It” to “just blew it” when one of its basketball shoes tore apart spectacularly on US national television, causing superstar Zion Williamson to hit the floor clutching his knee, before hobbling off the court. The sneaker blowout wiped $2 billion off Nike’s market value overnight and raised serious questions over […]
Broker network Steadfast has reported a 13.6% rise in statutory net profit to $75.9 million for the year to June 30, powered by organic growth and contributions from acquisitions. Underlying revenue surged 15.5% to $582.5 million and earnings before interest, tax and amortisation (EBITA) grew by the same margin to $165.6 million. Acquisition growth increased […]
One of the drawbacks to owning a growing business is having more at stake. An expanding business is likely to be having dealings with an ever-increasing number of individuals, getting involved in a wider range of commercial activities, even expanding into new locations. A growing business usually requires a growing workforce. With more equipment and […]
Steadfast has announced a record first half in terms of gross written premium (GWP) placed by its network of brokers. The firm announced that its brokers had placed $2.6bn worth of GWP in the first half up 8 per cent as underlying net profit after tax also rose by 8.4 per cent to $32.4m. Robert […]
Steadfast 2016 yearly results summary from Statewide Insurance Brokers
