Steadfast says its Custom Home Insurance underwriting agency will cease offering new business or renewal terms on home and contents and landlords products from the start of April following the expansion of Steadfast Domestic.

The company says it has developed and operated Steadfast Domestic as a contestable broker portal for home insurance over more than five years.

“During this time, Steadfast Domestic has become the platform of choice for Steadfast brokers placing their clients home insurance policies,” it says in a notice on its website. “As it is now a $300 million portfolio, it is uneconomic to continue with Custom Home.”

Products sold by Custom Home through brokers are underwritten by Chubb.

The notice thanks clients for their support of Custom Home over the years and says it’s hoped they “will consider Steadfast Domestic as a replacement policy”.