Oracle Group Insurance Brokers

What Oracle Group Insurance Brokers does

Oracle Group Insurance Brokers (legal entity Oracle Group (Australia) Pty Ltd, AFS Licence 363610) is a privately held Australian general insurance broker network headquartered in St Kilda, Victoria, with regional operations across Western Australia, New South Wales, Queensland, and the Northern Territory. The company distributes business and personal insurance products through three channels: its own offices (direct sales), a network of 86+ independent authorised representatives (ARs) operating under the Oracle Group brand, and a self-service Quote and Buy online portal that routes customers to partner insurers including QBE, Zurich, Guild Insurance, Knose, and Agile Insurance. Its product portfolio spans core commercial lines (business, management liability, workers compensation, cyber, professional indemnity, commercial vehicle, public liability), bundled into four insurance packages (Liability, Property and Assets, People, Profits), plus industry-specific solutions for strata, real estate, mining, and construction, alongside home and contents for personal lines.

The business operates a hybrid revenue model: (1) insurance brokerage commissions from insurers on placed and renewed policies, (2) recurring monthly licensee fees from ARs in the network, and (3) fee income from acquired AR portfolios and M&A integrations. The company is a member of Steadfast, Australia's largest broker network, which provides access to preferential policy wordings, comparators, and specialised schemes. Underwriting is outsourced to carrier partners, with technology provided to ARs via Sunrise and Ebix platforms. The company claims a 96% claims advocacy success rate and 24-hour service response time as core service differentiators. Oracle Group has scaled primarily through organic AR recruitment and tuck-in mergers, including the recent acquisition of Mutual Brokers Sydney (Feb 2023) and prior deals with Paragon Insurance Solutions and Affinity Insurance Services, growing gross written premiums from $13M to $146M over the past seven years.

Name

Oracle Group Insurance Brokers

Legal name

Oracle Group (Australia) Pty Ltd

Website

https://oraclegroup.com.au

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Oracle Group Insurance Brokers is an Australian general insurance broker network distributing commercial and personal lines through 86+ authorised representatives, direct offices across five states, and an online quote-and-buy portal, serving SMB clients in construction, mining, real estate, hospitality, and strata.

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

Keywords

• Commercial insurance brokerage
• Business insurance solutions
• Risk management services
• Claims advocacy
• Authorised representative network

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Brokerage Commissions: Oracle Group Insurance Brokers earns commissions from insurers when policies are placed or renewed. The company receives referral fees from insurers when customers purchase policies through their online portal or through broker recommendations.
2. Authorised Representative Licensee Fees: ARs pay a monthly fixed licensee fee to be part of the Oracle Group network. This provides predictable recurring revenue for the network.
3. AR Portfolio Acquisition: Oracle Group acquires AR portfolios and insurance broker businesses as part of its growth strategy, integrating them into the national network.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Oracle Group Insurance Brokers is an Australian insurance broker network that places and manages business and personal insurance policies on behalf of clients across multiple general insurance lines. The firm operates through a national network of 86+ Authorised Representatives (ARs) and directly-owned offices, sourcing coverage from multiple insurers and providing claims advocacy with a stated 96% success rate. It also runs a self-service Quote and Buy online portal for selected commercial and personal products.

Product overview

Oracle Group Insurance Brokers operates as an insurance broker network offering a comprehensive portfolio of insurance products and services. The core offering consists of eight main insurance services (Business Insurance, Home & Contents, Management Liability, Workers Compensation, Cyber Insurance, Professional Indemnity, Commercial Vehicle, and Public Liability) organized into four insurance packages (Liability, Property and Assets, People, and Profits). Additionally, they provide industry-specific insurance solutions for Strata, Real Estate & Valuation, Mining Contractors, and Construction & Trades sectors. The company also offers a self-service Quote and Buy Online portal for direct policy purchases. Oracle Group functions as a network with Authorised Representatives across Australia, backed by Steadfast, Australia's largest broker network.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Insurance Comprehensive business insurance coverage protecting businesses from various risks and liabilities, arranged through the broker network.
• Home & Contents Insurance Insurance coverage for residential properties and their contents against damage, theft, and other risks, offered to business owners and individuals.
• Management Liability Insurance Protection for business owners, directors, and managers against allegations of mismanagement, wrongful acts, and legislative breaches.
• Workers Compensation Insurance Compulsory coverage protecting employers and employees from financial hardship if there is an accident or illness at work.
• Cyber Insurance Coverage protecting businesses against financial loss and expenses from cyber crimes, data breaches, and network security incidents.
• Professional Indemnity Insurance Protection for professionals against claims of breach of professional duty regarding services or advice offered to clients.
• Commercial Vehicle Insurance Insurance coverage for commercial vehicles used in business operations.
• Public Liability Insurance Protection against negligence claims from third parties including members of the public, patrons, visitors, and contractors.
• Strata Insurance Specialised insurance for residential and commercial strata properties and body corporates.
• Real Estate & Valuation Insurance Tailored insurance solutions for real estate agents and property valuation professionals including professional indemnity and business cover.
• Mining Contractors Insurance Insurance coverage designed for mining contractors and related businesses with sector-specific risk profiles.
• Construction & Trades Insurance Comprehensive insurance solutions for construction companies and tradespeople including commercial vehicle, workers compensation, and liability coverage.

Quantifiable outcome

• 96% claim success rate
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and major.

• SteadfastcoreStrategic or Co-development PartnerOracle Group Insurance Brokers is a member of Steadfast, Australia's largest broker network. This partnership provides access to bespoke policy wordings, coverage options, competitive pricing, preferential wordings, policy comparators, specialised schemes and rates, and access to international conferences and training sessions.
• ZurichmajorStrategic or Co-development PartnerZurich received Oracle Group's Partner of the Year award. The partnership involves providing insurance products and underwriting capabilities to Oracle Group's AR network and clients.
• QBE InsurancemajorStrategic or Co-development PartnerOracle Group has a dedicated QBE Insurance partnership page, indicating a significant commercial relationship for insurance product distribution.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• BizCover: Australian insurtech offering instant online small-business insurance through a digital quote-and-bind platform with multiple carrier integrations. Directly comparable to Oracle's self-service Quote and Buy portal and represents the digital competitive threat to Oracle's SMB book.

Broad incumbents

• Aon Australia: Global mega-broker with a substantial Australian commercial and risk-advisory practice. Competes with Oracle for larger mid-market accounts and corporate work, while operating at vastly greater scale across a much broader product portfolio.
• Arthur J. Gallagher Australia: Global broker with a sizable Australian M&A-driven commercial practice, actively acquiring mid-market brokers nationwide. Both a competitor and a potential consolidator competing with Oracle for acquisition targets in the fragmented Australian broker landscape.
• Steadfast Group: Australia's largest broker network and Oracle Group's affiliated aggregator. Steadfast provides the policy wordings, scheme access, and IT infrastructure that underpins Oracle's AR-network economics; comparable as the apex of the same broker-consolidator model Oracle operates within.
• Marsh Australia: Global insurance broker and risk advisor with deep Australian commercial and corporate practice. Competes with Oracle at the upper end of the mid-market and provides a benchmark for scale economics in Australian general insurance broking.

Direct peers

• Honan Insurance Group: Australian mid-market insurance broker network offering commercial and specialty lines across multiple states with a similar advisory-led model. Closest head-to-head competitor to Oracle for SME and mid-market accounts in the independent broker segment.
• Insurance House Group: Australian mid-market insurance broker providing commercial and personal lines through a multi-office network. Competes with Oracle for SME, professional indemnity, and strata business in similar geographies.
• EBM Insurance Brokers: Australian commercial insurance broker with a multi-office presence focused on SMEs and mid-market accounts across construction, manufacturing, and professional services. Comparable in customer segment and product focus to Oracle's industry-specific verticals.
• McLardy McCann Insurance Brokers: National Australian broker network operating on a multi-office, partner-led model across Victoria, NSW, and other states. Directly comparable to Oracle in geographic footprint, target customer segment, and product breadth across general commercial lines.
• Ausure: Australian broker network built on an authorised-representative model similar to Oracle, aggregating independent brokers under a common brand with shared infrastructure. Direct structural analogue in the AR-network business model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights8 records

Customer concentration

• Facebookfacebook.com/OracleGroupInsuranceAustralia
• LinkedInlinkedin.com/company/oracle-group-australia-pty-ltd/?originalSubdomain=au
• Instagraminstagram.com/oraclegroupinsurancebrokers

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oracle Group Insurance Brokers