Santam is a leading general insurer in South Africa, with a market share of less than 24% and more than 108 years of experience in the insurance industry. The company provides a diverse range of general insurance products and services to individuals, commercial and corporate clients.
Headquartered in Cape Town, South Africa, Santam operates in South Africa, Namibia and selected emerging markets through a network of intermediaries, direct and partnership channels. Its portfolio includes motor, property, liability, engineering, agricultural, guest house, tourism, leisure and entertainment, and reinsurance solutions. Its agricultural insurance offerings include crop, asset and weather insurance. In addition, Santam provides claims, brokerage and SOS services to its customers.
In South Africa and Namibia, Santam serves more than one million policyholders, ranging from individuals and commercial clients to specialist business owners and institutions.
Founded in 1918, Santam has been listed on the Johannesburg Stock Exchange (JSE) since 1964 under the insurance (non-life) sector. The group also has secondary listings on the Namibian Stock Exchange and A2X Markets. Santam is a subsidiary of South African financial services group Sanlam, which holds 62.3% of Santam’s shares.