Under the partnership, Howden will join Steadfast’s network – the largest general insurance platform in Australia – to leverage its scale, strength, and access.
Robert Kelly, the chief executive officer of Steadfast, highlighted the opportunity in the Australian broking market for a “credible international alternative” and access to expertise and capacity in London and globally.
“Howden’s brand, talent, and expertise in specialty, both internationally and in the London Market, will offer important and differentiated choice to our members and clients, giving them access to Howden’s experts across more than 90 territories,” Kelly said.
“Importantly, we know Howden very well and share an outlook and ethos that mean our partnerships in London and Australia will be a natural development in our long relationship. There is a bright future for our partnership and our clients.”
Howden chief executive officer David Howden commented: “I’ve known Robert Kelly for over 20 years and have admired his unwavering conviction and drive to build Steadfast into the largest general insurance broker network in Australia by bringing exceptional businesses together to do more for clients. We share not only a relentless focus on our clients but also a core belief that by bringing together entrepreneurial talent in an empowering, aligned, and collaborative culture, we can achieve something special.”