KCB and the National Bank of Kenya (NBK) have signed a distribution deal with Sanlam Life Insurance to deepen the uptake of life insurance products in the country. Through KCB Bancassurance Intermediary Limited (KBIL) and National Bank Bancassurance Intermediary Limited (NBIL)—their respective bancassurance franchises—customers will be...

Local non-bank finance solutions provider, Sanlam Kenya, has committed to improving the infrastructure facilities in three schools located in Kitui and Nyeri counties, improving the learning environment for over 700 students. Kalatine Primary School and Kakululo Secondary School in Mwingi, Kitui County and Birisha Primary...

Sanlam and MTN Group have announced that their strategic alliance to market and distribute insurance and investment products across Africa has reached a significant milestone with the fulfilment of the regulatory, competition and other requirements. The effective date of the transaction is October 31,...

Local non-bank financial services provider Sanlam Kenya has launched Flexi Hela, an innovative, flexible savings solution with a guaranteed return. The life savings product to be administered by Sanlam Life Kenya features a life cover for up to four dependent children with access to accrued...

In Kenya, both Sanlam and Allianz have a presence. Allianz completed the acquisition of a majority stake in Kenya's Jubilee Insurance in 2021 giving it a firm foothold in the East African market.

Sanlam pension annuity holders are set to enjoy access to personal loans against their monthly life cover pay-outs. Sanlam Kenya, the listed non-bank financial services provider has through its Sanlam Life subsidiary partnered with Stanbic Bank Kenya and Ecobank Kenya to provide policyholders with annuity covers...