Medibank Private Limited - Company Profile
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Medibank Private Limited (Medibank) is an underwriter and distributor of private health insurance policies. It provides health insurance policies through three brands, Medibank, Amplar Health, and ahm. It provides hospital insurance, ancillary or extras cover, travel insurance, pet insurance, and life insurance. Medibank also provides a wide range of healthcare and telehealth services to private health insurance policyholders, government, corporate and other retail customers. The company offers its products and services through a distribution network of stores, agents, and clinics in Australia. Medibank is headquartered at Docklands, Australia.
Headquarters
Australia
Address
Level 4, 720 Bourke Street, Docklands, Melbourne, Victoria, 3008
Website
www.medibank.com.au
Telephone
61 3 00974329
No of Employees
3,242
Industry
Financial Services
Ticker Symbol & Exchange
MPL (ASX)
Revenue (2022)
$5.2B
5.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
29.8%
(2022 vs 2021)
Market Cap*
$6.5B
Net Profit Margin (2022)
XYZ
23.1%
(2022 vs 2021)
* As of and is in US$
Medibank Private Limited premium industry data and analytics
Products and Services
| Products |
|---|
| Health Insurance |
| Travel Insurance |
| Pet Insurance |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In March, the company's joint venture iMH opened Hirondelle Private Hospital. |
| 2023 | Contracts/Agreements | In December, the company and Healthscope entered into a partnership to enhance the well-being of Medibank and ahm customers. |
| 2023 | Contracts/Agreements | In July, the company announced a new partnership with Loyalty Now to help reward Australians for prioritising their health and wellbeing. |
Competitor Comparison
| Key Parameters | Medibank Private Limited | The Hospitals Contribution Fund of Australia Ltd | nib health funds limited | Australian Unity Ltd | HBF Health Ltd |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Melbourne | Sydney | Newcastle | Melbourne | Perth |
| State/Province | Victoria | New South Wales | New South Wales | Victoria | Western Australia |
| No. of Employees | 3,242 | 832 | - | 7,000 | 291 |
| Entity Type | Public | Institution | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mike Wilkins | Chairman | Executive Board | 2020 | 66 |
| David Koczkar | Director; Chief Executive Officer | Executive Board | 2021 | 50 |
| Mark Rogers | Group Lead-Chief Financial Officer; Group Strategy | Senior Management | 2021 | - |
| Andrew Wilson | Group Chief Medical Officer | Senior Management | 2023 | - |
| Milosh Milisavljevic | Group Lead - Chief Customer Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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