Howden, the international insurance broker, part of Howden Group Holdings, is building on its 20-year relationship with Steadfast by forming a strategic partnership to support Steadfast’s London Market broking requirements and launching an Australian broking operation in association.
With “ambitious” growth plans to launch a challenger broker for Corporate, People Risks, and other specialty lines, Howden’s operation in Australia will be driven forward under the leadership of industry veteran Andre Louw as chairman and Igor Fijan as CFO.
David Howden said: “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.”
He added: “Since the launch of DUAL in Australia in 2004 our Groups have built a very close working relationship and we are now taking the next logical step on the broking side of the Group.
“We will draw on the specialist expertise of our own international broking platform and the strong market position of Steadfast to deliver best-in-class risk management and risk transfer solutions to Australian clients and to Steadfast’s members.”