B2B Central

Santam

26 Jul 2024

Finalists for the Santam Women of the Future Awards

By Staff Writer

Santam, South Africa’s leading short-term insurer, in association with FAIRLADY and TRUELOVE magazines has announced the finalists for the 10th annual Santam Women of the Future Awards. This event honours women entrepreneurs who are making significant contributions to the South African economy and society, demonstrating innovation, resilience and leadership. This year’s finalists have been selected...
04 Apr 2024

Using geospatial data to manage climate change

By Staff Writer

By: Zelda Els, Technical Specialist, Santam Mitigating the increasing effects of climate change has become a top priority for South African insurers who have collectively paid billions of rands in related damages over the past five to 10 years. The increasing frequency and severity of weather events – such as heavy rainfall and resultant flooding...
01 Mar 2024

Santam records resilient performance for 2023 financial year

By Staff Writer

Santam, South Africa’s largest general insurer, has achieved a resilient performance for the 2023 financial year, with the group recording a 6% Net Earned Premium growth rate, an increase of 64% in net income attributable to equity holders and a 28.5% return on capital. The group’s diversification across market segments, insurance classes and geographies enabled...
23 Feb 2024

South Africa’s shifting risk landscape

By Staff Writer

By: Tavaziva Madzinga, Santam Group CEO Insuring risk is not a modern-era concept. The age-old practice became a common business security instrument to the burgeoning English shipping industry in the 17th century, and the first insurance ‘contracts’ can even be traced as far back as Babylonian times around 133 AD. The industry has evolved and...
28 Apr 2023

Are you a female entrepreneur of the future?

By Staff Writer

Entries are now open for the 2023 Santam Women of the Future Awards, in association with FAIRLADY & TRUELOVE. Santam, FAIRLADY and TRUELOVE are looking for the most impactful, resilient and inspiring women entrepreneurs in the country. Whether you’ve just started a new business or have been running your own business for a while, we...
03 Mar 2022

Santam pays record claims of R24.5 billion

By Staff Writer

The pay-out was the highest in Santam’s history.

22 Feb 2022

Carla Jordan appointed CEO of Santam subsidiary, Emerald Risk Transfer

By Staff Writer

Santam has appointed Carla Jordan as the CEO of Emerald Risk Transfer.
07 Oct 2021

Santam accepts SCA decision

By Staff Writer

Santam says it's pleased that a judgment handed down today by the Supreme Court of Appeal (SCA) has brought legal clarity and finality on the interpretation and application of certain contingent business interruption (CBI) policies.
07 Oct 2021

Ma-Afrika Hotels wins final business interruption insurance battle against Santam

By Staff Writer

Today the Supreme Court of Appeal dismissed Santam’s appeal and upheld the Western Cape High Court’s finding in favour of Ma-Afrika Hotels (MAH) and Stellenbosch Kitchen (SBK) in the final stretch of the battle to hold Santam liable for Covid-19 Business Interruption claims in the tourism and hospitality industry.

05 Oct 2021

Raining on climate change's parade

By Staff Writer

From the Caribbean to the Far East, the increasing intensity of extreme weather events has once again thrust climate change to the forefront of public discussion. Just weeks ago, Hurricane Ida completely wrecked Louisiana’s electricity grid in the US, while both Greece and Siberia have struggled to contain wildfires that have had a crippling effect on their local infrastructure.

02 Sep 2021

FIA and Santam launch initiative to empower black intermediaries

By Staff Writer

The Financial Intermediaries Association of Southern Africa (FIA) and Santam have partnered to launch the FIA Transformation Initiative, a campaign focused on accelerating transformation in the South African intermediary space.
13 Aug 2021

FSCA issues update on Contingent Business Interruption claims

By Staff Writer

The Financial Sector Conduct Authority (FSCA) says it is continuing to investigate policyholder complaints regarding the assessment and payment of Contingent Business Interruption (CBI) claims.