Sanlam

Sanlam Limited
Company typePublic
JSE: SLM
IndustryInsurance, asset management, wealth management, investments
Founded1918; 106 years ago (1918)[1]
HeadquartersBellville, Western Cape, South Africa[2]
Key people
Paul Hanratty CEO[3]
Abigail Mukhuba CFO
Elias Masilela Chairman
Websitewww.sanlamgroup.co.za

Sanlam is a South African financial services group headquartered in Bellville, Western Cape, South Africa.[2] Sanlam is one of the largest insurance company in Africa. It is listed on the Johannesburg Stock Exchange, the Namibian Stock Exchange and the A2X.[4] Established in 1918 as a life insurance company,[5] Sanlam Group has developed into a diversified financial services business. Its five business clusters comprise Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate and Santam.[6]

The group's areas of expertise include insurance (life and general), financial planning, retirement annuities, trusts, wills, short-term insurance, asset management, risk management and capital market activities, investment and wealth. The group operates in South Africa, Namibia, Botswana, Eswatini, Zimbabwe,[7] Mauritius, Malawi, Zambia, Tanzania, Rwanda, Uganda, Kenya, Ghana, Nigeria, Morocco, Mozambique, India, Malaysia and the UK, and has business interests in the US, Australia, Burundi,[8] Lesotho and the Philippines. It has a stake in micro-insurance specialists, UK-based Micro-Ensure Holdings Limited, which has a footprint across Africa[9] and India servicing more than 10 million enrolled clients.

Its 2018 acquisition of SAHAM Finances has made it Africa’s biggest non-banking financial services[10] player and has given it exposure to Morocco, Angola, Algeria, Tunisia, Niger, Mali, Senegal, Guinea, Burkina Faso, Cote D’Ivoire, Togo, Benin, Cameroon, Gabon, Republic of the Congo, Madagascar, Lebanon and Saudi Arabia.

  1. ^ "About". Sanlam. Retrieved 28 July 2016.
  2. ^ a b "Contact Us". Sanlam. Retrieved 28 July 2016.
  3. ^ "Business Live - Paul Hanratty". www.businesslive.co.zam. Retrieved 31 March 2020.
  4. ^ "A2X lands Sanlam's secondary listing". BusinessLIVE. Retrieved 19 August 2019.
  5. ^ "Sanlam – Hot or Not". CNBCAfrica.com. Archived from the original on 19 November 2015. Retrieved 18 November 2015.
  6. ^ "Sanlam: A firm in fine fettle". BusinessLIVE. Retrieved 19 August 2019.
  7. ^ "Sanlam in $11.6m Zim insurance deal". Fin24. 21 May 2015. Retrieved 19 August 2019.
  8. ^ "ENSafrica - Burundi". www.ensafrica.com. Retrieved 19 August 2019.
  9. ^ "Mozambican insurer changes name to Sanlam Seguro de Vida | Macauhub English". Macauhub English. Retrieved 30 October 2015.
  10. ^ "Sanlam seals deal that makes it Africa's largest non-banking financial services group". cfo.co.za. Archived from the original on 19 August 2019. Retrieved 19 August 2019.