Adelaide-based MGA Insurance Brokers has entered into a joint venture with fellow AUB Group broker Austbrokers HCI in Toowoomba.

MGA MD Paul George says the agreement increases MGA’s Queensland offices to five.

“We look forward to introducing our services, system advantages and access to the market that the MGA Group will bring,” he said, adding that Jeff Stevens will continue as MD of Austbrokers HCI.

MGA also has 15 offices in SA, eight in NSW, seven in Victoria, two in the NT and locations in the ACT, WA and the Cambodian capital of Phnom Penh.

AUB Group MD and CEO Mike Emmett says he was looking forward to seeing positive network collaboration results.

“This partnership will enable Austbrokers to leverage the benefits of MGA’s processes and central services.”