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We are a leading general insurer in South Africa with a market share less than 24%. We have 106 years of standing and we provide a diverse range of general insurance products and services to individuals, commercial and corporate markets. We operate in South Africa, Namibia and selected emerging markets through a network of intermediaries, direct and partnership channels. Our portfolio of insurance products includes car, property, liability, engineering, agricultural insurance, guest house insurance; tourism, leisure and entertainment and reinsurance insurance. Our agriculture insurance products, include crop insurance, asset insurance, and weather insurance. In addition, the company provides claim, brokerage, and SOS services to its customers. In South Africa and Namibia, We serve more than 1 million policyholders who range from individuals to commercial and specialist business owners and institutions. Headquartered in Cape Town, South Africa, Santam was founded in 1918 and listed on the JSE in 1964 under the insurance (non-life) sector. The group has secondary listings on the Namibian Stock Exchange and A2X Markets Exchange. Santam is a subsidiary of South African financial services group Sanlam, which holds 62.3% of Santam’s shares.
Santam’s purpose is to safeguard what is important to our clients in a manner that enables wealth creation and protection for all our stakeholders.
Our vision is to narrow the risk protection gap in the markets where we do business through collaborative, proactive risk management activities and the provision of reliable, inclusive risk solutions.
The Santam way is the way we do things around here. It's our culture, both current and desired. It encapsulates what matters to us, and the values we want our employees to live by and experience.
Serving with empathy and consideration, knowing that everything we do leaves a lasting impact and legacy.
Unlocking our Winning As One spirit by focusing on a better outcome for all, achieved through partnership and an open-minded approach to everything.
Always striving for continuous improvement in order to create value for our stakeholders, our society and our world.
Unwavering in our pursuit to do the right thing; resolute in our commitment to what’s good for all stakeholders.
Santam operates through five business units that complement one another regarding market, offering and business models. Through them, we span a diverse range of general insurance products and services, catering to Southern African and international individuals and businesses.
We enjoy a significant presence internationally and across Southern Africa and the continent. Our footprint in emerging markets provides us with an opportunity to offer insurance good and proper to diverse markets.
We are defined by our people. Learn more about Board and Executives
Chief Executive Officer
Tavaziva Madzinga has been Group CEO of Santam since 1 July 2022. An Actuary by training, he has more than 20 years’ experience in the financial services industry. He has previously held positions as CEO of Britam Holding, a diversified investment business listed on the Nairobi Securities Exchange, as Chief Executive of Swiss Re for the UK and Ireland, as well as various leadership positions within the Old Mutual Group, that included leading the company in Southern and Eastern Africa, and in Nigeria. Madzinga holds a Bachelor of Business Science in Actuarial Science degree from the University of Cape Town and an Masters in Data Science from the University of London. He has also completed advanced management training with INSEAD Business School and Harvard University. He is a Fellow of the Actuarial Society of South Africa and the UK's Institute of Actuaries.
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