Queensland brokerage Regional Insurance Brokers and QBE-owned National Credit Insurance remain the two most costly broker acquisitions by Steadfast under its initial public offering, according to the group’s latest prospectus.

The rankings of the 58 brokers being totally or partially purchased upon successful completion of the IPO have changed from the original prospectus as a result of the companies’ owners making final decisions on the percentages of cash or shares they would receive for selling their businesses to Steadfast.

For example, the new list shows SA brokerage Brecknock moving to third in the July 11 prospectus from eighth in the June 28 version.

Major Sydney brokerage Scott & Broad moved to 11th in terms of “materiality based on purchase consideration”, from 47th, while PI Direct moved to 26 from 6.

Professional Risk Placements has gone to 39 from 21 and RSM Insurance Brokers has jumped to 14 from 35.

And Lanyon Partners has dropped to 23 from 14 and Edgewise Insurance Brokers from 25 to 45.

Finn Foster and IRS Steadfast have also risen based on their cumulative purchase price, because the two companies are merging on completion of the offering.

Among the three underwriting agencies, Altiora now leads the list instead of Miramar, followed by Sterling Insurance.