Sanlam is one of the 50 largest internationally active insurance groups in the world with a presence in 44 countries.
Our vision is to be the leader in client-centric wealth creation, management and protection in South Africa, to be a leading player in Pan-African financial services with a meaningful presence in India and Malaysia and to play a niche role in wealth and investment management in specific developed markets.
Sanlam operates through a number of subsidiaries, associated companies and joint ventures. Sanlam Life is the largest operating subsidiary and the holding company of most of Sanlam’s operations in emerging markets.
Sanlam has a decentralised management structure and conducts operations through five business clusters: Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investment Group, Santam and Sanlam Corporate. The Group provides comprehensive and tailored financial solutions to individual and institutional clients across all market segments. Sanlam’s areas of expertise include insurance (life and general), financial planning, retirement, investments and wealth.
The Group also has stakes in operations based in Namibia, Botswana, Swaziland, Zimbabwe, Mozambique, Mauritius, Malawi, Zambia, Tanzania, Rwanda, Uganda, Kenya, Nigeria, Morocco, Angola, Algeria, Tunisia, Ghana, Niger, Mali, Senegal, Guinea, Burkina Faso, Côte d’Ivoire, Togo, Benin, Cameroon, Gabon, Republic of the Congo, Madagascar, Lebanon, Saudi Arabia, India, Malaysia and the United Kingdom and has interests in the USA, Australia, Burundi, Lesotho and the Philippines.
Sanlam has a decentralised management structure and conducts operations through five business clusters. The clusters are focused on specific markets and/or market segments and are supported by a centre of excellence at Group level, which sets tight principles within which the clusters must operate. The clusters are interdependent and complementary in their offerings and approach, thereby ensuring that the value of the whole is larger than the sum of the parts.
SPF is responsible for the Group’s retail life and investment business in South Africa. It provides clients with a comprehensive range of appropriate and competitive financial solutions, designed to facilitate long-term wealth creation and protection.
6 903 employees at the end of 2018
SEM constitutes Sanlam’s financial services offering in emerging markets outside South Africa, with the aim of ensuring sustainable delivery and growth across its various businesses.
Focus areas include:
4 730 employees at the end of 2018
SIG provides retail and institutional clients in South Africa, the United Kingdom and elsewhere in Europe access to a comprehensive range of specialised investment management and risk management expertise.
1 483 employees at the end of 2018
Santam provides a diversified range of general insurance products and services in Southern Africa and internationally to clients, ranging from individuals to commercial and specialist business owners and institutions.
Santam’s international diversification strategy focuses on reinsurance business, specialised insurance products, and its role as technical partner and co-investor in SEM’s general insurance businesses in Africa, India and Malaysia.
Santam’s business units include:
6 076 employees at the end of 2018
SC targets chosen corporate clients with financial solutions underpinned by:
1 494 employees at the end of 2018
The Sanlam Group Office is responsible for Group strategy, capital and risk management, and capital allocation to clusters. The following functions provide Group-wide support and coordination:
581 employees at the end of 2018
Sanlam is one of the 50 largest internationally active insurance groups in the world with a direct and indirect presence in 44 countries. Through SEM, Sanlam has the most extensive insurance footprint on the African continent.
Sanlam’s strategic intent is to create sustainable value for all stakeholders. The package of BBBEE transactions was the topic of most intense stakeholder engagement during 2018, as it involved investors, regulators and business partners. Read more about our stakeholder groups and relationships.
Consumers of Sanlam’s financial solutions to achieve their wealth creation, management and protection goals in support of financial resilience and prosperity
Providers of skills and expertise that support the activities underlying Sanlam’s business model
Providers of financial capital at a Sanlam Group level
Providers of products and services that enable Sanlam to conduct its business activities
Co-investors in Sanlam businesses where appropriate
The base from which demand for Sanlam’s financial solutions is generated, and from which human resources are employed
Partners to Sanlam’s education, social and enterprise development programmes
Providers of financial stability and a sustainable environment for financial services through prudential and market conduct regulation