Steadfast’s CEO Australasia broking Tim Mathieson will leave the business with immediate effect, insuranceNEWS.com.au can confirm.

Mr Mathieson joined the listed group in 2015 and took up the broking CEO role in May last year. In November he spent a short period as acting group CEO as Robert Kelly stood temporarily aside while a workplace complaint against Mr Kelly was investigated.

From 2021 to 2025 Mr Mathieson was CEO of Steadfast subsidiary QIB Group. Prior to that he spent several years at Elders and QBE, having started his career with the insurer as an intern in 1998.

“Tim Mathieson has stepped down from his role effective 31 July 2026 to pursue a new opportunity,” a Steadfast spokesperson told insuranceNEWS.com.au.
 
“Tim leaves the role after 11 years with Steadfast Group, during which time he has made a significant contribution to the growth and development of the group’s broking operations.

“Notably, he spent five years leading QIB Group through an extensive growth strategy that included nearly 20 acquisitions.
 
“Steadfast thanks Tim for his leadership and contribution over the past decade.”

In June, Steadfast’s underwriting agencies head Mark Senkevics announced he was leaving to join Helia Group.

As insuranceNEWS.com.au has reported, a consortium is currently running the rule over a potential $7.7 billion buyout of Steadfast, with a period of soft exclusivity due to end on August 6.