Sanlam provides is one of the leading financial institutions in South Africa, and present across the country.
Image: company website
It offers financial solutions to more than 10 million clients across all market segments including long-term and short term insurance, financial planning, retirement schemes, asset management, risk management, capital market activities and wealth management. The group has widespread presence in African countries, India, Malaysia and the UK and some business interests in the USA, Australia and the Philippines.
The group also has a stake in Micro-Ensure Holdings Limited a UK Based micro-insurance firm which operates in Africa and India and provides services to more than 10 million clients. The group has keenly looked to diversify its portfolio by indulging in related businesses. In November, 2015 Sanlam has bought a 30 percent stake in Saham Finances, a Morocco-based firm, to establish a foothold in countries across Africa and Middle East. Sanlam Corporate, a new business cluster created in 2016 offers corporate clients a holistic solution including life insurance, general insurance, investments, health insurance, retirement, financial planning and advice.
Overtime, the group has adapted itself with the demands of the operating environment and transformed itself by acquiring firms. Its core values of respect, care, integrity, pride and innovation filters down the layers of the organization to create a work environment of innovation and creativity leading to higher productivity and increased shareholder returns. Sanlam Employee Benefits has recently won the Employee Benefits Product Supplier of the Year at the 2015 Financial Intermediary Association of Southern Africa (FIA) Awards while Sanlam Personal Finance has won the Product Supplier of the Year Award in the Investment Products category at the 2015 Financial Intermediary Association of Southern Africa Awards.