Armada Underwriting Pty Ltd (ABN 84 000 989 131 AFSL 237402) (Armada) acts under a binding authority as agent for the insurer of the product, HDI Global Specialty SE – Australian Branch (ABN 58 129 395 544, AFSL 458776). Any information contained on this website is general advice only and has been prepared without taking into your client’s objectives, financial situation or needs. Your client should consider these, having regard to the appropriateness of this advice and the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD) and Financial Services Guide (FSG) which can be obtained by downloading it from the agency’s website before deciding to acquire, or to continue to hold any Armada product.
Aramada is a wholly owned subsidiary of Steadfast Group Ltd (ABN 98 073 659 677) (‘SGL’). SGL may receive a professional services fee (PSF) from insurers, premium funders and underwriting agencies such as Armada (Partner) for access to regulatory and compliance support; marketing and communications; data insights; and access to technology platforms. The PSF is an agreed amount between SGL and the relevant Partner, usually annually. The PSF is not determined by the volume of the business that the Steadfast Network brokers place, nor is the amount of the PSF known to the Steadfast Network Brokers, so it is not able to influence recommendations to their clients.
Armada may have access to shared services from SGL, including compliance tools; procedures; manuals and training; legal; HR banking; and group purchasing arrangements. These services are funded by SGL, subsidised by SGL or SGL receives a fee for them.
SGL’s FSG is available at www.steadfast.com.au or on request by telephoning SGL’s Company Secretary on +61 2 9495 6500.
