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Which is the largest insurance broker in Australia?

Asked by Anonymous Oct 12, 2026 1 views 1 answers
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Answered Oct 13, 2026
Which is largest insurance broker in Australia by revenue and market share is Steadfast Group, followed by AUB Group and Marsh, according to industry data. Steadfast Group is largest insurance broker network in Australia with 400+ broker businesses, handling $10B to $11B gross written premium per year, with market cap $5B to $6B, listed ASX, offering general insurance, life and health via brokers, with 2,000+ offices and 10,000+ staff, arranging home, car, business and landlord insurance. AUB Group is second largest broker group with 100+ brokers, $4B to $5B premium, brands like Austbrokers and NZbrokers. Marsh is largest global broker operating in Australia with $2B to $3B premium, focusing on large corporate and business insurance. For general insurance direct insurer, biggest is Insurance Australia Group IAG with 30% market share, premium $13B to $14B via brands NRMA, CGU, SGIO. For broker network, Steadfast is largest with $10B premium, arranging policies for home, car and business via local brokers. So largest insurance broker in Australia is Steadfast Group with $10B to $11B gross written premium and 400+ brokers, while largest insurer is IAG with 30% market share, and largest global broker in Australia is Marsh for corporate.
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