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 Patrick Tumbo (centre) and former SanlamAllianz General Insurance CEO Manager George Kuria-who has since been replaced by Caroline Laichena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
Equity rice production in kenya partnership
FEATURED STORY

Irrigation Project Turns Homa Bay Swampland into Thriving Rice Farming Hub

A vast stretch of once waterlogged land in Homa Bay County is...

Lofty Corban AGM Picture
SMART MONEY

Lofty-Corban Unveils Digital Platform for Investment Groups

Investment firm, Lofty-Corban, has unveiled a digital platform for investment groups, popularly...

KCB Bank
BUSINESS

KCBTargets SMEs and Gig Workers in Mortgage Drive

KCB Bank Kenya has changed its mortgage lending model, targeting small businesses...

Ruto, Labour Day
NEWS

Ruto Reduces Affordable Housing Deposit Requirement from 10% to 5%

Kenya’s push to make home ownership more attainable took a fresh turn...