Sanlam Kenya PLC {Complete Guide}

Sanlam Kenya PLC’s details, offices, contacts, services, insurance packages and history: Sanlam Kenya Plc is a major financial services group in Kenya, and a member of the broader South African-based Sanlam Group.

Here is an overview of what they do and some key recent developments:

🌟 Sanlam Kenya PLC’s Core Business and Services

Sanlam Kenya (formerly known as Pan Africa Insurance Holdings Co. Ltd.) provides a diversified range of financial services, primarily focusing on:

• Insurance: They offer various classes of life (long-term) and general (short-term) insurance, including ordinary life, group life, and general insurance products like property protection.

• Investments and Wealth Management: They provide investment management services, financial planning, and retirement fund management solutions.

• Retirement Solutions: This includes offerings for superannuation and retirement planning.

The company is listed on the Nairobi Securities Exchange (NSE) under the ticker symbol PAFR (though some reporting may use SLAM).

🤝 Sanlam Kenya PLC’s Strategic Merger and Future Rebranding

A major recent development is the strategic joint venture between the parent company, Sanlam, and Allianz, a leading global insurer. This affects the Kenyan operations significantly:

• Sanlam Allianz: Sanlam and Allianz combined their operations across Africa in 2023, creating the largest pan-African non-banking financial services group.

• Kenya Operations: In Kenya, the general insurance businesses (Sanlam General and Jubilee Allianz) have merged to operate as Sanlam Allianz General Insurance (Kenya) Ltd.

• Life Insurance: Similarly, the life insurance business (Sanlam Life) is now operating as Sanlam Allianz Life Insurance (Kenya) Limited.

• Proposed Rebrand: Sanlam Kenya Plc has proposed to shareholders a change of its holding company name to Sanlam Allianz Holdings (Kenya) Plc to reflect this new structure and partnership.

📈 Sanlam Kenya PLC’s Recent Financial and Capital Highlights

• Performance: The company has recently reported a strong financial turnaround, with a reported substantial rise in profit after tax, largely driven by increased investment income and sound business operations.

🏛️ Sanlam Kenya PLC’s Offices and Contact Details

Sanlam Kenya operates through its different subsidiaries. Key addresses and contacts in Nairobi include:

• Group Website: www.sanlam.com/kenya

• General Enquiries Email (Life): [email protected]

• General Enquiries Email (General Insurance): [email protected]

• The group also maintains a network of 34 client experience centres (branch network) across Kenya’s major towns.

💼 Sanlam Kenya PLC’s Services and Insurance Packages

Sanlam Kenya offers a comprehensive suite of financial solutions through its main subsidiaries: Sanlam Life Insurance, Sanlam General Insurance, and Sanlam Investments.

1. Insurance Products (Life & General)

2. Investment & Asset Management

Through Sanlam Investments (Kenya) Limited, they offer services such as:

• Asset and Wealth Management

• Individual and Institutional Investor Support

• Money Market Funds and High-Interest Deposit Funds

• Retirement planning and consulting

📜 History of Sanlam Kenya Plc

Sanlam Kenya has a long history in the Kenyan financial sector:

• 1946 (October 26): Founded as the Indo Africa Insurance Company Limited.

• 1947: Began writing life insurance business.

• 1963: Became the first insurance company to list its shares on the Nairobi Securities Exchange (NSE). The name was changed to Pan Africa Insurance Company to reflect a broader ownership base.

• 2005: The group became part of the larger Sanlam Group following Sanlam’s acquisition of African Life Assurance (a strategic partner since 2000).

• 2016 (August): Pan Africa Insurance Holdings Limited rebranded to Sanlam Kenya Plc, aligning with the parent company’s global brand.¹⁵ Its subsidiaries also rebranded to Sanlam Life Insurance, Sanlam General Insurance, and Sanlam Investments.

The company today is a major player in the Kenyan financial market, leveraging its history and the strength of the international Sanlam brand.

The ‘Contact Us Page’

• Contact Centre & General Enquiry:
• General: [email protected]
• Life: [email protected]
• Call center:
• General: +254 709 566 000
• Life: +254 719 035 035