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Largest Insurance Brokers Public Companies in Australia
Benchmark revenue and EBITDA valuation multiples for public comps like
Steadfast Group and AUB Group.
 | Steadfast Group is the largest general insurance broker network in Australia and New Zealand, with over 400 brokers and around 1,800 offices in Australia, New Zealand, Singapore, and London. Steadfast operates as both a broker and a consolidator via equity interests in insurance broker businesses, generating over AUD 12 billion of network broker gross written premium annually. Steadfast also co-owns and consolidates underwriting agencies and other complementary businesses. | $4 | -14% | $4B | $4B | 3.7x | 10.9x | ||
| AUB Group is the second-largest general insurance broker network in Australia and New Zealand. It has an ownership in brokerage businesses that collectively write over AUD 5 billion in premiums. It also owns equity stakes in 35 underwriting agencies. AUB derives revenue from commissions (from insurers, ultimately paid for by AUB’s customers), based on gross written premium from agencies it owns, and a share of profits from associates and joint ventures. GWP is split among personal (3%), small to medium enterprises (70%), and corporates (27%). | $20 | -20% | $3B | $3B | 2.7x | 8.1x | ||
| Median | $12 | -17% | $3B | $3B | 3.2x | 9.5x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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