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Global investment firm KKR has joined a consortium, including Amwins Group and Dragoneer Investment Group, as a co-lead investment partner to acquire ASX-listed general insurance broker Steadfast.
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
Good on you, PK, for calling these guys out. Here's an idea; let's turn up late to the game and berate those who were playing before you arrived!
What vested interest do the AFA & FPA have? They only exist to represent the interests of their members. They have no other purpose. They are no less happy with where the industry finds itself than the rest of us, and say so on a regular basis.
The only thing to come from sniping at them in the press is to play into the hands of the Government, who then say, "See, these guys can't even get on the same page, so we need to prescribe terms to them". Mind you, you would expect nothing more from a "breakaway" group that fails to see the irony in calling themselves "United".