Suncorp Group

Financial Services

Overview

Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. Subsidiaries include: Suncorp Bank, AAMI, Vero Insurance, Bingle, Apia, Just Car, Asteron Life, Terri Scheer, Shannons, and Suncorp Insurance.

Country: Australia

Founded: 1996

Headquarters: Australia

+61 13 11 75

Investment Strategy

Geography

  • North America

Sector Focus

Investment Stage

  • Series C

Summary

Suncorp Bank is Australia fifth largest bank and a core part of the top 20 Australian Suncorp Group. The Bank provides a strong suite of personal, business and agribusiness deposit and lending products through more than 190 branches and 1650 ATMs, as well as its award winning internet and phone banking systems.

As the genuine alternative to the major banks, Suncorp Bank prides itself on customer service, delivering the big bank capability with the genuine care and personal service of a small bank.

Established in 1902, Suncorp Bank has built deep connections with customers and communities throughout rural, regional and metropolitan Australia, and remains committed to supporting their growth.

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Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

March 2016

Trov

$25.5m

Series C

Oak HC/FT, Anthemis Group, Guidewire Group, Pivot Insurance Partners

InsurTech

United States

Key Employees

Michael Cameron
CEO & Managing Director

Sarah Harland
Chief Information Officer

Mark Reinke
Chief Customer Experience Officer