Suncorp Group Limited · ASX:SUN
Suncorp — Morgans Queensland Investor Conference 2015
20 slides from Suncorp's conference presentation, Oct 21, 2015
Slide 1: ASX announcement: Morgan's Queensland Investor Conference Presentation
ASX announcement For personal use only 21 October 2015 Morgan’s Queensland Investor Conference Presentation Attached is a copy of the presentation made at the Morgan’s 2015 Queensland Investor Conference today. Darren Solomon Company Secretary Suncorp Group Limited attch. 1 Suncorp Group Ltd- ABN 66
Slide 2: Morgan's Queensland Investor Conference
For personal use only Morgan’s Queensland Investor Conference Mark Ley Head of Investor Relations 21 October 2015
Slide 3: Agenda
For personal use only Morgan’s Queensland Investor Conference 2 Agenda Suncorp’s history and operations Insurance – a fascinating industry! Positive industry developments for Suncorp Bank and Life Suncorp’s diversified financial services business model Suncorp Group Limited October 2015
Slide 4: Suncorp Group
For personal use only Morgan’s Queensland Investor Conference 3 Suncorp Group Leading financial services brands in Australia and New Zealand Top 20 ASX listed company $17 billion market capitalisation at 16 Oct 2015 $96 billion in group assets 14,500 employees in Australia and New Zealand 9 million
Slide 5: Insurance – risky business
For personal use only Morgan’s Queensland Investor Conference 4 Insurance – risky business Three key requirements » Trust purchase Distribution » Be ‘on the radar’ » Understand the risk Price the risk » Expertise in underwriting » Customer service Manage claims » Scale as a competitive advantage Sun
Slide 6: Distribution – trusted brands
For personal use only Morgan’s Queensland Investor Conference 5 Distribution – trusted brands Differentiated offerings, preserving core elements of each brand Lead national brand: Personal Insurance market share Suncorp Insurance: • Relieve stress • The must-have in each State )(1 Queensland insuran
Slide 7: Suncorp Commercial Insurance
For personal use only Morgan’s Queensland Investor Conference 6 Suncorp Commercial Insurance Multi-channel model benefits evolving customer preferences Customer segments Global, Corporate, Mid Market, SME, Workers Compensation and CTP Our Corporate partners channels Direct Adviser Broker and motor d
Slide 8: Price the risk….
For personal use only Morgan’s Queensland Investor Conference 7 Price the risk…. On an individual property basis Suncorp Group Limited October 2015
Slide 9: Manage the claims
For personal use only Morgan’s Queensland Investor Conference 8 Manage the claims Supply chain innovations SMART ACM Parts HomeRepair Personal injury motor repairs claims » SMART repaired 127,000 » Suncorp spends around » Launched in late 2014 and » Short-tail approach to cars during FY15 with $450
Slide 10: The insurance business cycle
For personal use only Morgan’s Queensland Investor Conference 9 The insurance business cycle Distribution/Trust Manage the Price the risk claim Suncorp Group Limited October 2015
Slide 11: Suncorp's commitment to customers
For personal use only Morgan’s Queensland Investor Conference 10 Suncorp’s commitment to customers The most trusted insurer Suncorp Group Limited October 2015
Slide 12: Suncorp Bank Operating Environment
For personal use only Morgan’s Queensland Investor Conference 11 Suncorp Bank Operating Environment Considerations for Suncorp Bank Current operating environment Suncorp Bank opportunities » Low credit growth and interest rate » Leverage A+/A1 credit rating, strong funding and capital position to en
Slide 13: Suncorp Life Operating Environment
For personal use only Morgan’s Queensland Investor Conference 12 Suncorp Life Operating Environment Considerations for Suncorp Life Current operating environment Suncorp Life opportunities » Economic headwinds » Conservatively positioned with increased reinsurance and a strengthened balance sheet »
Slide 14: Suncorp's Strategic Assets
For personal use only Morgan’s Queensland Investor Conference 13 Suncorp’s Strategic Assets Our focus » Delivering scale cost benefits on third party procured goods / services Cost » Sharing scale on infrastructure (real estate, enterprise technology) and non-unique business services » Enhancing val
Slide 15: Suncorp Transformation
For personal use only Morgan’s Queensland Investor Conference 14 Suncorp Transformation Continuation of Suncorp Simplification and de-risking 2009 2011 2015 2017+ Optimised Stabilise Integrate Simplify Platform ENABLED BY ENABLED BY ENABLED BY Building Blocks Simplification Optimisation Single view
Slide 16: Optimised Platform
For personal use only Morgan’s Queensland Investor Conference 15 Optimised Platform Unlocking the value for our 9 million customers Connected customers Simplified systems BANK LIFE GENERAL INSURANCE CORPORATE Underpinned by DATA LAKE SUNCORP DATA Business Intelligence SERVICES Sitting within a secur
Slide 17: Suncorp's shareholder promise
For personal use only Morgan’s Queensland Investor Conference 16 Suncorp’s shareholder promise Simplified, de-risked financial services group Yield Growth » Dividend payout ratio of 60% to » Efficiency-led profit growth 80% and return of surplus » ‘Above system’ growth in key capital markets » Organ
Slide 18: Questions?
For personal use only Morgan’s Queensland Investor Conference 17 Questions? Suncorp Group Limited October 2015
Slide 19: Important disclaimer
For personal use only Morgan’s Queensland Investor Conference Important disclaimer 18 This report contains general information which is current as at 21 October 2015. It is information given in summary form and does not purport to be complete. It is not a recommendation or advice in relation to the
Slide 20: Investor Relations App
For personal use only Morgan’s Queensland Investor Conference 19 Investor Relations App Suncorp has launched an Investor Relations application for tablets to enable easy access to a suite of investor materials. For all the latest news, updates and share price movements download the Suncorp Group inv
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