Steadfast Group Ltd. 2020 AR2
The report highlights Steadfast Group's financial and operational performance for the fiscal year ended June 30, 2020. Despite the challenges of the COVID-19 pandemic, the company achieved record growth, with Steadfast Network gross written premium (GWP) increasing by 34.8% to $8.3 billion and underlying net profit after tax (NPAT) rising by 22.6% to $108.7 million. Steadfast completed the acquisition of IBNA Limited, adding 78 brokers to its network, and successfully implemented its Professional Services Fee (PSF) rebate offer. On the sustainability front, the company launched its first Reconciliation Action Plan ('Reflect'), appointed an Indigenous Engagement Ambassador, and transitioned its head office to 100% green energy through LED lighting upgrades.
Company: Steadfast Group Ltd.
Sector: Finance & insurance
Country: Australia
Year: 2020
Type: AR2
Pages: 138
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Steadfast Group Ltd.
Annual Report
The report highlights Steadfast Group's financial and operational performance for the fiscal year ended June 30, 2020. Despite the challenges of the COVID-19 pandemic, the company achieved record growth, with Steadfast Network gross written premium (GWP) increasing by 34.8% to $8.3 billion and underlying net profit after tax (NPAT) rising by 22.6% to $108.7 million. Steadfast completed the acquisition of IBNA Limited, adding 78 brokers to its network, and successfully implemented its Professional Services Fee (PSF) rebate offer. On the sustainability front, the company launched its first Reconciliation Action Plan ('Reflect'), appointed an Indigenous Engagement Ambassador, and transitioned its head office to 100% green energy through LED lighting upgrades.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management