Santam Insurance

It is one of the largest general insurer in South Africa, with a market share in excess of 22.5%, providing short-term insurance products through broker networks and direct sales channels. Established in 1918, it offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed on the Johannesburg Stock Exchange (JSE) since 1964.

Santam Insurance provides Insurance for cars, homes, businesses, buildings, motorcycles, 4×4s, bakkie, boats and more.

Santam has insurance interests in Malawi, Tanzania, Uganda, Zambia and Zimbabwe aswell as South Africa. It also holds strategic investments in various companies in the insurance industry, and have two wholly-owned subsidiaries that operate under their own licences and with independent brands, namely MiWay and Centriq. Santam also partners with underwriting managers to deliver specialist and niche insurance solutions.

In February 2020 Santam Insurance invested in JaSure, an on-demand insurtech for gadgets and valuables, and also strategically partnered with the startup. JaSure will operate as a juristic representative on Santam’s FSP licences. Santam will offer JaSure’s solution to affinity groups through its digital channels.