Network Insurance Group (NIG) has further expanded its presence in Queensland with the acquisition of long-term Burleigh Heads-based brokerage Australian Insurance Solutions (AIS), and says it has plans for continued growth in the Sunshine State.

AIS has been operating from Burleigh Heads since 1982 and has a rich history working with local and national clients. The expansion follows NIG’s partnership last year with Brisbane-based Bluebook Brokers.

“Queensland represents a real growth opportunity over the next decade and the Gold Coast in particular, as Australia’s sixth largest city, represents phenomenal upside in the broking space,” CEO of NIG Andrew Bruton said.

NIG is majority owned by Steadfast and has brokers located in Melbourne, Sydney, Tuggerah, and Brisbane. With the new acquisition, NIG’s gross written premium placed rises to more than $250 million annually.

Principal of AIS John Wolfe says the deal is a great move for clients, staff, the business and Steadfast.