Steadfast Convention - Investor Presentation
Stock | Steadfast Group Ltd (SDF.ASX) |
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Release Time | 25 Mar 2025, 8:18 a.m. |
Price Sensitive | Yes |
Steadfast Group Hosts Investor Presentation
- Steadfast Broking, Steadfast Underwriting Agencies, and Subsidiary Performance updates
- Steadfast International and ISU Steadfast & HWS Specialty overviews
- Focus on margin improvement initiatives and decentralized operating model
Steadfast Group Ltd (ASX:SDF) hosted an investor presentation covering various aspects of its business. The presentation began with an overview from Founder, Managing Director & CEO Robert Kelly AM and Chief Operating Officer Nigel Fitzgerald. This was followed by updates from business leaders across the Steadfast Broking, Steadfast Underwriting Agencies, and Subsidiary Performance teams. The Steadfast Broking update was provided by Tim Mathieson, who was recently appointed as Chief Executive Officer - Australasia Broking. He highlighted the group's extensive broker office footprint across Australia, New Zealand, and Asia, as well as the strong financial performance of the QIB Group, an 82.51% owned subsidiary. The Steadfast Underwriting Agencies segment was covered by Mark Senkevics, who outlined the rising sophistication of MGAs and the group's focus on maintaining underwriting discipline, active retention, and targeted new business. The Subsidiary Performance update was provided by Rhiannon Toohey, who discussed the group's initiatives to drive margin optimization and operational excellence across its decentralized network.Other key topics included the value of insurance broking, the group's technology platform, and the strategic integration of Network Insurance Group and Insurance House. The presentation also covered Steadfast's operations, strata business, international operations, and specialty lines.Throughout the presentation, there was a clear emphasis on driving sustainable growth, enhancing efficiency, and leveraging Steadfast's scale and expertise to support its broker partners.
Steadfast Group is forecasting its QIB Group subsidiary to exceed $85 million in revenue by the end of FY25, with a 35.5% EBITA margin in FY24.
Steadfast Group is focused on driving organic growth, pursuing strategic acquisitions, and continuously improving its operations and technology to support its broker network and enhance profitability.