Suncorp launches digital incubation program

Suncorp launches digital incubation program | Insurance Business

Suncorp launches digital incubation program

Bancassurance giant Suncorp is inviting fintech start-ups to join its digital incubation program, based at its Digital Labs in Brisbane.

The three-month program aims to bring innovative ideas in the fintech sector to life in a supportive and well-resourced environment, offering successful applicants access to mentors, designers, data/APIs, and experts across a range of technology and business topics.

Two start-ups will be accepted into the program’s first intake, commencing in June, with each successful applicant collaborating with Suncorp for a three-month period to develop its idea.

“The program will facilitate an exciting exchange of ideas,” said Sarah Harland, chief information officer at Suncorp. “An innovative new wave of fintechs will be able to test and validate their ideas, learn from industry experts in banking and insurance, and leverage Suncorp’s vast data capability to hone their business models, with the aim of ultimately deploying new solutions to provide value to Suncorp’s nine million customers across Australia and New Zealand.”