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 […]
5 Ways to Prepare for Tax Time
Tax time. Words that can strike a mix of fear and dread into the heart of any small business owner. But they don’t have to. As the end of the 2017/18 financial year fast approaches, small business owners should set aside time to assess their financial situation and lay down plans for the future. And […]
What Insurance Cover Does a Growing Business Need?
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 […]
10 Insurtech Trends for 2018
The insurance industry and technology are no strangers to each other. And yet the industry has not been considered a leader when it comes to the application of technology. That is until now. The emergence of InsurTech as an agent of change has reshaped the strategic agenda. The Digital Insurer takes a look at some […]
Steadfast’s Record First Half 2018
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 […]
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