AUB Group has taken a stake in OFS Insurance Brokers, based in Dunedin, New Zealand.

Over two decades, OFS has established a strong presence across the South Island.

“This strategic acquisition aligns with AUB’s commitment to expanding its footprint in New Zealand,” AUB said.

“We are confident this partnership will strengthen our collective presence in the region and enhance the services provided across the NZbrokers network.”

The OFS management team will maintain a significant shareholding and continue advising clients.