The Latest
Browsing Tag

Sanlam

3 posts

sanlam tanzania general insuranceSanlam Tanzania General insurance

Sanlam Tanzania General Insurance provides both personal and commercial general insurance cover.

The Sanlam Group (JSE:SLM, NSX:SLA) was established in 1918 to provide financial solutions to individual and institutional clients.

The Group’s areas of expertise include insurance, financial planning, retirement, trusts, wills, short-term insurance, asset management, risk management and capital market activities, investment and wealth.

The Sanlam Group operates in South Africa, Namibia, Botswana, Swaziland, Malawi, Zambia, Tanzania, Rwanda, Uganda, Kenya, Ghana, Nigeria, Mozambique, India, Malaysia and the UK.

Sanlam General Tanzania was formerly trading under NIKO Insurance, which was launched in 2005 as a general insurer operating in Tanzania.

In 2014 Sanlam Emerging Markets (SEM), a subsidiary of Sanlam Group, acquired a 49% stake in NIKO Insurance Tanzania.

The Tanzanian rapid economic growth seen in the recent years, has been the determinant for Sanlam Group to expand in Tanzania, where the insurance penetration is less than 1.0% of total GDP, explains the CEO of Sanlam Group, Mr. Ian Kirk.

In 2015 NIKO Insurance Tanzania rebranded to Sanlam General Insurance to strengthen the Group’s identity and expand its visibility.

“With NIKO’s rebranding, Sanlam will be able to offer a wider and more innovative range of insurance products to cover different classes of risks for either personal or institutional clients, thanks to a group’s larger financial strength, technical expertise and brand equity”, explains Sanlam General Insurance CEO Manasseh Kawoloka.

Sanlam General Insurance Tanzania: Products

Sanlam General Tanzania: Personal Insurance

The personal insurance cover is being offered to Tanzanians in terms of the following:

  • – House owners
  • – Householders
  • – Homesure Package Policy
  • – “All Risks”
  • – Personal Accident
  • – Golfers
  • – Motor
  • – Watercraft

Sanlam General Tanzania: Business Insurance

The commercial insurance cover includes:

  • – Motor
  • – Fire
  • – Engineering
  • – Marine
  • – Package
  • – Miscellaneous or Accident
  • – Bancassurance Business
  • – Agri-Insurance Business

Sanlam Tanzania General Insurance Head Office:
Amani Place, 4th Floor, Ohio Street, Dar es Salaam, Tanzania
Tel: +255 22 2120188
Fax: +255 22 2120193
[email protected]
www.sanlam.co.tz