About Santam
We are a leading general insurer in South Africa with a market share of more than 22%. We have over 105 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, and 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.
History of Santam
The South African National Trust and Assurance Company Limited (Santam) opened its doors for the first time in Cape Town on 1 May 1918. A month later a second company, the South African Life Assurance Company (Sanlam), was established as a full subsidiary of Santam, with a specific focus on life assurance. In 1953 Sanlam's share capital was cancelled and by a special Act of Parliament, Sanlam was converted from a company to a mutual insurer. Santam's history is marked by a sense of determination, courage and commitment to become the largest and leading short-term insurer in South Africa.
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