Steadfast Group acquires Australian insurance broker Coverforce for $293m

Steadfast Group acquires Australian insurance broker Coverforce for $293m

Australian insurance broking network Steadfast Group has wrapped up the previously announced AUD 411.5 million ($293.62 million) acquisition of Coverforce Holdco. Coverforce is an Australian insurance broker, which is focused mainly on the SME sector. Established in 1994, Coverforce is made up of four business divisions — insurance broking, Coverforce Partners, group income protection, and […]