Growth through diversification

Santam has a strong international diversification capability through our partnership with SEM, and through Santam Re and Santam Specialist. This will rapidly gain further traction in Africa following the Saham transaction, whereas MiWay attracts new and previously uninsured policyholders through its new online life and business insurance offerings in South Africa. Acquisitive growth opportunities in the local market are limited due to our dominant position, but organic growth remains a focus area, driven by Santam’s well-established intermediary network, integration opportunities with Sanlam’s distribution network and development of the Santam direct distribution channel.