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Santam once again a leader in the industry in paying claims and treating customers fairly

22 May 2014

The Ombudsman’s 2013 report, which was released last week, indicated that Santam, South Africa’s leading short-term insurer can be ranked as an industry leader in claims payment and dealing fairly with policyholder complaints.

Santam acquires insurance administration provider Brolink

29 April 2014

Santam, South Africa’s largest short-term insurer, today announced that it is to acquire Brolink which provides information technology and business process outsourcing services to the short-term insurance industry.

Santam reports growth of 9% in gross written premiums (excluding cell insurance business) exceeding R20 billion for the first time

26 February 2014

Santam, South Africa’s largest short-term insurer, today reported a 9% increase in annual gross written premiums (excluding cell insurance business) in the year to end-December, in spite of continued tough underwriting conditions, characterised by several significant adverse weather events exacerbated by the sharp decline in the Rand-Dollar exchange rate. The rand dollar exchange rate depreciated by 24% over the year. This placed significant strain on the motor insurance book as the weaker rand directly affects the cost of claims.

Santam supports Western Cape school safety programme to improve learning environment

13 November 2013

Santam, South Africa’s largest short-term insurer recently extended its involvement with the City of Cape Town’s School Resource Officer (SRO) programme by contributing lawnmowers and vouchers for sport kits to six high schools in the Cape Metropole. The schools are Phoenix High School (Manenberg), Chrystal High (Hanover Park), Bishop Lavis High (Bishop Lavis), Sizimisele High (Khayelitsha), Oscar Mpetha High (Nyanga) and Lotus High (Lotus River).

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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