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4 SANTAM SUSTAINABILITY REPORT 2012
T h i s i s S a n t a m
s antam is the leading short-term insurer in South
Africa with a market share exceeding 22%,
annualised gross written premium growth of
9.5% and market capitalisation at almost R20 billion. The
business is supported by a world-class contact centre
infrastructure, a thriving intermediary network and more
than 700 000 policyholders. The group has a subsidiary
that operates in Namibia and, through Santam Re, sources
business in other countries in Africa as well as in China,
India, Indonesia and Malaysia.
Along with its subsidiaries, the Santam group transacts all
classes of short-term insurance.
Santam has two wholly owned subsidiaries that operate
under their own licences and with independent brands:
MIWAY – offers personal lines insurance solutions direct
to clients; and
CENTRIQ – the second largest specialist cell captive
insurance company in South Africa.
Santam ltdiS a public company liSted on the JohanneSburg Stock exchange and a SubSidiary of Sanlam ltd.
Santam also partners with underwriting managers
to deliver specialist and niche insurance solutions
in a number of underwriting areas that include:
– marine;
– sectional title and share block properties;
– industrial and commercial property;
– risk solutions for professionals, executives
and business owners;
– hospitality and leisure;
– engineering;
– aviation;
– bonds and security;
– heavy commercial vehicles;
– crime and civil liability;
– travel insurance solutions;
– transport solutions such as minibus, midibus
and metered taxis; and
– legal expense insurance.
Santam group buSineSS unitS
miWaydirect
Santam inSurance Santam reWholeSale
Intermediated Traditional– Intermediaries – Outsourced – Strategic Partnerships– Referral – Agriculture – Namibia
Intermediated Specialist – Underwriting Managers – Centriq – Affinity
Claims Contact centres
Risk services
Corporate Support Services
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