SYDNEY: Steadfast Group has announced its acquisition of H.W. Wood Limited and HWI France, expanding its capabilities in the London market. H.W. Wood, established in 1982 and a Lloyd’s broker since 2003, is a well-known independent insurance broker based in London. The company provides wholesale, retail, and reinsurance solutions in areas such as international marine…
All posts tagged Steadfast Group
Steadfast Group buys US insurance agency network ISU Group for $55 million
SYDNEY, AUSTRALIA: Steadfast Group, an Australian insurance broker network, has entered the US insurance market by buying ISU Group, a private independent insurance agency network, for US $55 million. The deal, which was announced on Thursday, will be funded from Steadfast’s existing corporate debt facilities and free cashflow. It is expected to increase Steadfast’s earnings…