BAC Announcement

17 October 2018

BAC is excited to announce our equity partnership with Steadfast Group Ltd, an ASX 200 listed company.

Steadfast is the largest general insurance broker network in Australasia & has acquired 50% of BAC via its subsidiary Whitbread Holdings Pty Ltd.

The union represents the consolidation of two leaders in their respective states and affords the market access to unrivalled service across the entire eastern seaboard.

We intend to leverage our combined experience to drive integrity, innovation and an improved client experience.

Given the strength of BAC in NSW and our award-winning capabilities, it is our intention to integrate the Whitbread NSW Strata Portfolio into BAC over the coming months.

Together, we will continue our client advocacy as we grow within our existing markets & beyond.

What does this mean for our partners and clients?

Our service commitment remains as strong as ever.

Whilst our day to day operations will not change, the products, services & capabilities we can provide will expand.

  • BAC will continue to be led by Managing Director, Tony Vatner
  • Our staff remain committed and eager to continue fulfilling our market leading service
  • We will now have the additional strength & backing of a publicly listed partner

We look forward to the future & are excited for what’s ahead.