Brisbane-based Suncorp Group Limited
(ASX:SUN) will make a $75 million investment into its optimisation program.
The company expects this will deliver $170 million of efficiency benefits in the 2018 financial year.
CEO Patrick Snowball says optimisation will put Suncorp ahead of the curve in meeting the ongoing challenges from its traditional competitors and disruptors in a digital world.
Suncorp has also advised its new banking platform, Ignite, is on track to be completed by June 2016.
Suncorp Group reported a net profit of $636 million in the first half of the 2015 financial year.
