Blend Insurance Solutions Pty Ltd (ABN 47 617 346 353, AFSL 500768) (‘Blend’) is an underwriting agency and acts as agent under a binding authority for the Australia branch of Allied World Assurance Company, Ltd (ABN 54 163 304 907).
Steadfast Group Ltd (ABN 98 073 659 677) (‘SGL’) has a equal joint venture shareholding in Blend. SGL may receive a professional services fee (PSF) from insurers, premium funders and underwriting agencies such as Blend (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.
Blend 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.
Any information contained on this website is general advice only and has been prepared without taking into account 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’) which can be obtained by contacting Blend, before deciding to acquire, or to continue to hold any product.