BUSINESS

Sanlam Kenya Officially Rebrands as SanlamAllianz

Share
Sanlam Allianz Life Insurance (Kenya) Limited Chief Executive Officer Ms. Jacqueline Karasha (left) joins Sanlam Allianz Holdings (Kenya) PLC Group CEO Dr. PatrickTumbo (centre) and SanlamAllianz General Insurance top manager
Sanlam Allianz Life Insurance (Kenya) Limited Chief Executive Officer Ms. Jacqueline Karasha (left) joins Sanlam Allianz Holdings (Kenya) PLC Group CEO Dr. Patrick Tumbo (centre) and former SanlamAllianz General Insurance CEO Manager George Kuria-who has since been replaced by Caroline Laichena
Share

Sanlam Kenya has rebranded to SanlamAllianz Kenya following a new joint venture with German insurance giant Allianz.

The partnership now makes the company part of Africa’s largest non-banking financial services group, combining more than 200 years of experience on the continent and beyond.

Nyamemba Patrick Tumbo, SanlamAllianz Kenya Group CEO, said the rebrand reflects the company’s commitment to raising the bar in non-banking financial services while keeping a strong local focus.

“The rebrand heralds a new dawn for us as SanlamAllianz, enhancing our corporate commitment to advance our market effectiveness in the provision of quality, client-focused life and general insurance products,” Tumbo said.

The company’s subsidiaries, Sanlam Allianz Life Insurance Kenya and Sanlam Allianz General Insurance Kenya, will continue to be led by Jacqueline Karasha and George Kuria, respectively.

Tumbo added that the rebrand will enhance client experience and distribution through innovative technology-driven solutions.

Heinie Werth, CEO of the global SanlamAllianz group, said the company aims to be among the top three players in every market it operates in and pledged full support to the Kenyan team.

“Our ambition as SanlamAllianz is to be among the top-three players in all our markets, and we will provide our full support to SanlamAllianz Kenya as it strives towards this ambition,” Werth said.

SanlamAllianz’s strategy is built on four key pillars: leadership in markets and client solutions, positive economic and social impact through environmental, social, and governance principles, consistent financial performance, and empowering people through a high-performance culture.

Being part of a global, market-leading company gives SanlamAllianz Kenya access to international expertise and resources, allowing it to develop innovative insurance solutions, improve customer service, and expand product offerings.

The group operates in 26 countries and has a combined total group equity of over 33 billion South African rand, roughly 2 billion euros.

Tumbo said the rebrand signals a commitment to clients across Kenya.

“We are focused on delivering exceptional services and solutions that empower our clients to be financially confident, secure, and prosperous,” he added.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Felix Koskei 1
NEWS

Fuel Scandal: How Meeting Chaired By Felix Koskei Triggered Fuel Policy Shift Amid Gulf Conflict

Fresh details have emerged of a high-level crisis meeting convened under the...

The last-expense policy offers affordable, dignified funeral solutions and peace of mind during life’s most difficult moments.
NEWS

Britam Launches Heshima Farewell Plan Providing Upto Ksh500K in Funeral Expenses

Britam Connect, the micro-insurance arm of Britam Holdings Plc, has partnered with...

Uchumi Supermarket
BUSINESSNEWSRETAIL

Uchumi Supermarkets to hold first AGM in 8 years

  Uchumi Supermarkets has scheduled its first Annual General Meeting (AGM) since...

CBK Governor Kamau Thugge
BUSINESSECONOMYFEATURED STORYNEWS

CBK Holds Benchmark Rate at 8.75% Amid Gulf Crisis Concerns

CBK(Central Bank of Kenya) Monetary Policy Committee (MPC) decided to maintain the...