Steadfast maintains a dominant market position through its extensive broker network and portfolio of approximately 30 underwriting agencies, complemented by equity interests in ancillary businesses. The company benefits from recurring revenue streams, strong dividend payment history, and geographic diversification across multiple regions, positioning it as a resilient financial services intermediary.
Cyborg Score Rationale
Steadfast demonstrates strong competitive positioning as the market leader in general insurance brokerage across ANZ, generates substantial revenue ($2.075B in 2025), and maintains stable operations with consistent dividend payments. However, recent governance issues and operational challenges warrant modest caution.
Top Insights
Market leadership: Largest general insurance broker network in Australia/NZ with 430+ brokers and 2,000 offices
Revenue scale: $2.075 billion in total revenue (2025), indicating robust market capture and operational scale
Dividend quality: Historically pays two fully franked dividends annually, attractive for income investors
Geographic diversification: Operations span Australia, New Zealand, Singapore, UK, Germany, and US markets
Named Competitors
General Insurance Broking — Direct competitors in regional insurance brokerage
Integrated Insurance Distribution — Alternative channel for insurance distribution
Digital Insurance Platforms — Online-first insurance distribution models
Recent Developments
(Early 2026) CEO Robert Kelly stepped aside pending investigation
(2025) Generated $2.075 billion in revenue with continued network expansion
(2025-2026) Maintained dividend payment schedule with fully franked distributions
Open the full interactive Steadfast Group Limited report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.