Steadfast - Axiom Insurance Brokers

MN-25024

Steadfast Group Limited (**Steadfast**), via subsidiary QIB Group Holdings Pty Ltd (**QIB Group**), proposes to acquire 100% of the issued share capital of Axiom Insurance Brokers Pty Ltd (**Axiom**) (the **Acquisition**). Steadfast is an ASX-listed company which owns interests in insurance brokers, insurance premium funders, life insurance brokers, insurance agencies and other risk services. Steadfast’s general insurance brokers operate across Australia and across industries with the brokerages operating through offices, authorised representatives, referrers and digital channels. QIB Group is a Queensland-based insurance brokerage with core operations in general insurance broking. In addition to its core operations, the Group holds equity interests in a network of insurance broking businesses (**QIB Subsidiaries**) across more than 25 offices spanning Queensland, Victoria, New South Wales, Tasmania and the Northern Territory. QIB Subsidiaries operate under a range of trading names. In general insurance broking these brands include Austcover, Regional Insurance Brokers and Steadfast Taswide. In specialty general insurance broking these brands include T&G Insurance Brokers and Oceanic Marine Risks. Axiom is a Queensland-based insurance brokerage focusing on commercial, agricultural and domestic general insurance products. Axiom operates through regional offices located in Chinchilla, Toowoomba, Bell and Goondiwindi. Both Axiom and QIB Group are broker network members of Steadfast.