Company description
MGA Insurance Brokers For over 35-years, MGA have been leaders in risk advice and general insurance and providing solutions for financial exposures for our customers. With more than 20 offices throughout Australia, MGA have broad access to all Australian and overseas Insurance markets, to ensure we deliver the right advice with experienced, qualified and professional insurance personnel.
Our Commitment Represent our clients to the best of our ability in delivering professional, qualified insurance broking services. With wide market access and vast product access, our challenge is to work on your behalf to establish adequate cover for these potential exposures, focussing on premium competitiveness and careful selection of Insurers. MGA was originally established in 1975, recognising the need that business required professional advice ranging over the many insurers operating in the insurance market. The realisation that our obligation was to represent the client was quickly and widely embraced.
Our Focus continues to be: Assisting you in the best solutions of your financial exposures Careful selection of an insurer Appropriate cover The right price to be delivered by experienced, professional and fully qualified personnel. MGA are comfortably ranked in the top ten brokers in Australia, with premium income in excess of $110 million across over 50 000 clients. Today's insurance market provides many challenges for the insuring public There are few insurers There is vast difference in Insurance markets A high level of expertise is required to understand the insurers requirements, terms and conditions The abiliy to select an insurance broker with: An understanding of your business Risk management resources Excellent communications Technical expertise Someone you can trust and give you confident "peace of mind". Our "work hard" culture deals with challenges, provides solutions and delivers the trust our clients must have in us.
National Focus MGA's head office is situated in Adelaide with capital city branches in Brisbane, Sydney, Darwin, Melbourne and Perth and several regional offices located throughout Australia. Our growth relies heavily on satisfied clients recommending our services to others. Industry Focused Recognising expertise in certain fields can create advantages for our clients. MGA has developed market-leading products in a number of fields. Expertise and knowledge in these areas will guarantee that clients not only get a market leading premium but also an additional assurance that policy conditions are of a very high quality. Security of the Insurer is also sound. Staffing Most MGA brokers not only have many years broking experience but have also worked as underwriters and claims officers during their careers.
This wealth of knowledge provides valuable insight when advising the type and structure of the insurance program. Insurance Brokers Code of Practice MGA subscribes to The Insurance Brokers Code of Practice (the Code). The code is owned and published by the National Insurance Brokers Association (NIBA). A copy can be downloaed from NIBA's website at: http://www.niba.com.au/html/43303.cfm All NIBA members are automatically bound by the provisions of the Code. Non-NIBA members can also adopt the Code.
The Code sets standards of good practice for subscribing insurance brokers, who follow these standards when dealing with persons who are, or who may become, an individual or small business client of an insurance broker. The Code is intended to promote good relations between insurance intermediaries, their clients, insurers and others within the insurance industry. It also promotes efficiency in transactions by describing standards of good practice and the level of service to be expected from members.
The principles and obligations set out in the Code apply to all insurance broking services delivered to individuals and small business across Australia. In that sense, the Code forms an important part of the broader national consumer protection and financial services regulatory frameworks. Code subscription is not compulsory, however, the Australian Securities and Investments Commission (ASIC) supports Code compliance as an effective tool in the self-regulation of insurance brokers which assists in creating increased consumer confidence in the insurance broking industry. Contact Us Why not contact a broker today and see how MGA can help you like we have done for so many others over our long history.
