Santam

Santam is the leading insurer in South Africa with a market share in excess of 22%. The group provides a diversified range of general insurance products and services in southern Africa and internationally through a network of more than 2700 intermediaries and direct channels. The group's more than 1 million policyholders range from individuals to commercial and specialist business owners and institutions.

The group derives revenue from insurance activities and investments. Insurance activities include commercial and personal insurance and alternative risk cover.

The group consists of the Santam branded business units (Santam Commercial and Personal, Santam Specialist and Santam Re) and wholly owned subsidiaries - MiWay and Centriq. Included in Santam Specialist is a number of specialist underwriting managers. The group also holds a 100% interest in Indwe, an independently managed insurance intermediary business with individual, commercial and corporate clients. Early in 2015, the group acquired a 100% interest in Brolink, an independently managed insurance administration business. The group holds economic participation in general insurance businesses in Africa, India and Southeast Asia. The group's significant associate companies include: - 34% interest in Credit Guarantee Insurance Company (credit insurer), - 40% interest in Western National Holdings (personal and commercial insurer)