MARKEY INSURANCE GROUP - PROFILE

YESTERDAY, TODAY AND TOMORROW

Markey Insurance Brokers was established in 1972 to serve the insurance needs of a small group of clients within the Newcastle and Hunter region. The company quickly earned a reputation for providing personalised, effective insurance and risk management advice. Through reputation and continued service, Markey has grown to become one of the largest locally owned and managed insurance brokerages in Australia.

Markey today provides a comprehensive range of services with the same personalised, professional attention to over 5,000 clients. By maintaining this commitment to the provision of superior insurance and financial services, as well as identifying and embracing new fields of opportunity as they emerge, Markey will experience continued growth.

Markey has been a member of the National Insurance Brokers Association (NIBA) since its inception, and strongly believes in enforcing NIBA’s code of conduct.

Markey currently employs 40 staff; our 15 senior brokers are Qualified Practicing Insurance Brokers (QPIB), which is your guarantee to professional service and up to date market information.

OUR PHILOSOPHY

The insurance industry is complex and volatile. Keeping up-to-date with market studies, patterns and trends, technological advancement, on-going development and training is part of the Markey business culture. At Markey, an in-depth understanding of every client’s individual needs, the delivery of proficient service and effective solutions is the principle on which our philosophy and success is based.

Markey management leads by way of personal example. Long term experience combined with future vision ensures Markey clients share in the wealth of knowledge gained over a cumulative career spanning almost a century.

THE PRINCIPALS

Trevor Markey
Executive Chairman

Trevor Markey – Executive Chairman

Trevor Markey commenced his career in the Insurance Industry in 1956. He managed several insurance companies before forming his own brokerage. With more than forty years experience, Trevor Markey has steered the company through the past 3 decades. In 1986, a portion of the company was sold to Austbrokers Holdings Pty. Ltd, who at that stage was a subsidiary of the worldwide ING Banking Group.
Austbrokers is a national network of insurance brokers, placing approx $700m in general insurance premium annually.  Austbrokers Holdings Limited is a publicly listed company with key shareholders including CBA, Colonial First State, JP Morgan Nominees, Citicorp Nominees and BNP Securities Services.

Stephen Markey
Managing Director

Stephen Markey – Managing Director

After completing a Bachelor of Engineering degree, Stephen worked as a mechanical engineer at BHP and the Electricity Commission. In 1989, Stephen joined the family company. Since then he has become an associate of the Australian Insurance Institute and a Qualified Practicing Insurance Broker. He has spent time as a Board Member of the National Insurance Brokers’ Association and plays an active part in the direction of Austbrokers. Along with the role as Managing Director of Markey Group Pty. Limited, Stephen is also involved in the servicing of both retail and corporate clients

Simmone Markey
Chief Financial Officer

Simmone Markey - Chief Financial Officer

Simmone Markey has over 17 years in the Financial Services Industry, covering general insurance, life insurance, premium funding as well as accounting and investment. Simmone has a Bachelor of Commerce from the University of Newcastle and has worked also as a CPA within the accountancy profession.

LOCAL FOUNDATIONS - INTERNATIONAL SOLUTIONS

Even though the brokerage is a locally owned and independently managed Newcastle business, Markey clients are able to enjoy the added security, financial strength and immense pool of industry knowledge and experience of the Austbrokers Network. As a group, the insurance brokers forming the Austbrokers Network have:

  • cumulative yearly general insurance premiums in excess of $711 million
  • over $32 million in Life and Accumulation premiums
  • in excess of $100 million in assets under management
  • over 900 trained professional staff
  • more than 80 offices throughout Australia
  • over 175,000 clients

Collectively, this makes the Austbrokers Network one of the largest insurance broker groups in Australia.

Solutions Save Stress

Quality client relationships are built through Markey’s ongoing provision of effective and innovative insurance, risk management and financial services.

  • By working openly and honestly, professional relationships built on trust are fostered with every client.
  • Through regular consultations and reporting procedures, clients are kept informed of policy and legal changes which may affect their financial situation.
  • Working with Markey solves all insurance problems concerning your business - from adequate cover to no-stress solutions if you do have a claim.

Cost Efficient Services

  • Markey can tailor all policies, plans and advice to suit each client’s individual circumstances.
  • Together with competitively priced services, Markey provides a wide variety of flexible payment options.

Broad Knowledge Base

  • Clients benefit from the cumulative industry experience of the Markey team and the support of the Austbroker Network at call.
  • With a broad client base, Markey is conversant with industries ranging from one man retail outlets to multi-million dollar corporations.

Proactive Approach

  • Markey maintains open communication channels with clients in order to react quickly to changing needs and market fluctuations.
  • All policies are reviewed on a regular basis to ensure they fulfil each client’s current requirements.

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Markey management leads by way of personal example. Long term experience combined with future vision ensures Markey clients share in the wealth of knowledge gained over a cumulative career spanning almost a century.
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