Oracle Group Insurance Brokers’ gross written premium (GWP) has topped $100 million as the firm continues a growth path set after its founding brokers came together five years ago.

MD Matthew Denehy says 53 brokers have now joined Oracle, which has more than 135 people within the group advising more than 27,000 clients nationwide.

GWP of more than $100 million last financial year increased from $72 million in the previous 12 months.

Mr Denehy says the business has continued to expand through the COVID disruptions, with the firm proactive in speaking with clients and assisting with any changes to programs that have been required.

“We got our brokers on the front foot and got out to talk to as many people as we could because that is what our clients needed,” he told insuranceNEWS.com.au. “That worked as a defence mechanism for the business and by the same token helped our clients, which is what we are here for.”

Mr Denehy says the group is continuing to add brokers and authorised representatives and is currently looking at changes that will position the firm for its next stage.

“It is just putting the right people with the right skills in the right places to move forward, and bringing some more resources to make sure the business can keep growing,” he says.

“It is important that we have the right framework behind the business to make sure we can go from $100 million to $200 million, as our next marker.”

Oracle has offices in Victoria, East Gosford, the Sunshine Coast, Gold Coast and in Perth. It also has authorised representatives in all states and territories.