Oracle Group : Everything you need to know

Headquarters address: 110 Erindale Road, Balcatta, WA 6021, Australia
Year established: 2008 (registered with Australian Securities & Investments Commission), 2016 (merged and became Oracle Group Australia)
Size (employees): 139
Gross written premiums: $140 million (2021)
Expertise: Home & contents, management liability, workers’ compensation, cyber, professional indemnity, commercial vehicle, public liability, and business insurance
Key people: Steve Campbell (group executive chairman), Matthew J. Denehy (group managing director), Jane Martin (authorised representative director & state managing director, VIC), Jacob Ross (executive director & state managing director, NSW), Brent Campbell (executive director & state managing director, WA), Craig Costello (executive director)

 

About Oracle Group
Oracle Group (Australia) Pty Ltd operates as an insurance brokerage firm under Oracle Group Insurance Brokers and as an authorised representatives (AR) network under Oracle Group Australia. It is based in Balcatta, a northern suburb of Perth, Western Australia. The group also has offices in Burleigh Heads, Gold Coast, and East Gosford in New South Wales, and Monbulk and Hawthorn in Victoria.

The group’s more than 60 authorised representatives (ARs) nationwide help arrange a variety of insurance products, including business, home and contents, commercial vehicle, professional indemnity, workers’ compensation, and management and public liability. Among the industries the company covers are construction, real estate, mining, and craft brewing.

In 2022, Oracle Group stood out among the country’s insurance brokerages, earning an Insurance Business Australia’s (IB) Fast Brokerage award. The recognition is given to brokerages that have achieved more than 30% growth in gross written premium, revenue, and headcount over the past two years despite the disruption brought about by the COVID-19 pandemic.

 

Oracle Group – In the News
April 2018: Oracle Group confirms major changes
November 2018: Oracle Group makes double acquisition
August 2020: Affinity Insurance Services merges with Oracle Group Insurance Brokers
September 2020: Executive director Brent Campbell on striving for service excellence in a changing market
February 2021: Perth brokers give insight into how they’re handling WA lockdown
July 2021: Oracle Group exceeds $100 million in GWP
August 2021: Industry loses “true gentleman” – broking peers pay tribute
April 2022: Insurance Business reveals Australia’s fast brokerages
May 2022: How did Oracle Group Australia continue growing in a challenging market?

 

Leadership at Oracle Group

Steve Campbell – Group Executive Chairman
“Experience, problem-solving, and a detached perspective to see the bigger picture” are the attributes that make Campbell a “great chairman, and an ideal mentor and guide” to Oracle Group’s dynamic executive team. He followed his father’s footsteps into insurance broking, drawn to the profession by the diversity of clients and their businesses. 

For anyone entering the insurance broking business, Campbell has this piece of advice: “No matter how much there is in common, there are always unique aspects to how they work and the people that run them. That is what a broker needs to understand. Otherwise, how can you advise? By the time you have done a detailed risk analysis, you’ll know everything about the business. How it operates, its finances, its people, and its future direction.”

Matthew J. Denehy – Group Managing Director
Denehy joined friend and current chairman Steve Campbell at Oracle Group, where he was instrumental in helping the company grow from having written $13 million in premiums to over $100 million in a span of five years. He has held the role of group managing director since 2019. 

Denehy has been working in the insurance industry since he was 16. He started his own business at 27 and in over 15 years, took the family broking business from being a startup to having written $15 million in premiums in 2015.

 

Culture at Oracle Group
From the beginning, Oracle Group’s vision has been to create a genuine national broker network with individual state-based support and representation, national strength, and local presence to support clients and ARs at ground level. The firm’s job is to give its ARs the best tools and support so they can excel and provide the best service possible to their clients. 

In addition, Oracle Group distinguishes itself from the competition with a strong compliance ethos, a spirit of independence, extensive support resources and services, a steadfast membership, and a great product range. 

Over the years, the company has developed strong guiding principles that underpin its business. The firm believes in encouraging teamwork between staff and with clients; maintaining excellent relationships, both in life and in business; acting ethically and transparently; developing and using their knowledge in the service of their clients; and being absolutely committed to delivering results for their clients.  

In essence, the Oracle Group Australia team always works with their clients and brokers in mind, creating a culture that is embedded into their brand promise: “In your best interests, always.”

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