Oracle Group Insurance Brokers (Oracle Group) has passed $100 million in gross written premium (GWP) only five years after its founding brokers first came together.
Oracle Group provides compliance oversight to protect clients and brokers, and business support services to help brokers prosper.
Managing director Matthew Denehy and four other brokers established Oracle Group to offer products that would best provide the best cover for clients rather than “earning the licensor the biggest commissions.”
Oracle Group's state offices now exist in Western Australia, Victoria, New South Wales, and Queensland to deliver the brokers in-field support to ensure “they get heard at a national level.” The company also has over 135 people and advises over 27,000 clients nationwide.
Commenting on the company's latest achievement, Denehy said: “It's been a hectic roller-coaster ride, and I still can't believe it's only five years since the five of us first got together. We've all grown and learnt a lot along the way. Some of [them were] challenging, but growth always brings change and opportunity.
“However, the success is a tribute to the excellence and willingness of our team. The challenges we've faced have been plenty, but they have always stepped up and kept going.
“I also want to acknowledge the support of our insurers who have worked in true partnership with us. Momentum is with us, and we look forward to doing the same again over the next four years. Here's to the next $100 million.”
