A celebration of the life of broker Marty Owen, who died last week following a long illness, is being organised in Melbourne.

The ceremony will take place at Zinc at Federation Square next Monday, July 29, at 1.30pm for a 2pm start.

Mr Owen established Malvern East brokerage Philp, Newby & Owen, which now trades as PNOinsurance, in 1977. He was MD prior to his retirement in 2016.

He also served on the Insurance Brokers Network Australia (IBNA) board for many years.

“Marty was extremely well respected by both underwriters and brokers, and clients really appreciated his technical knowledge,” PNO Director Peter Conquest told insuranceNEWS.com.au.

Mr Owen is survived by his wife Susan.