In The News

Welcome to Sanlam Ghana's In The News Section. Here you will find articles, advice but also practical guides and help for all your insurance procedures. We remain at your disposal.

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Saham Insurance Ghana Wins The Most Outstanding Pandemic Relief Project Award

Saham Insurance Ghana, a subsidiary of Sanlam Pan-Africa GI, Sanlam Emerging Markets originating from Sanlam Group in South Africa has won the award for the ‘Most Outstanding Pandemic Relief Project organizers for 2021’. The award event is under the auspices of Sustainability and Social Investment, an organizations focused on awareness creation to encourage companies, CSI/CSR foundations, NGO’s and other implementing agencies on delivering high impact CSI/CSR projects that align with Government’s focus on Sustainable Development Goals(SDG) and to also adopt a multi-stakeholder approach that leads to excellent outcomes. This year’s award ceremony was held on the 26th of November 2021 at Movenpick Ambassador Hotel in Accra with many dignitaries in attendance. For Saham Insurance Ghana, this award comes to motivate and inspire the Pan African organization to contribute even more to projects that align with the Sustainable Developm...Read more

Posted In : Saham News
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Cal Bank partners Saham Insurance to support insurance needs of customers

CalBank and Saham Insurance have unveilled a partnership that will see the bank provide its customers with innovative general insurance products and services underwritten by the insurance giant. The partnership, which was unveilled yesterday at the bank’s head office in Accra and witnessed in the presence of Dr. Justice Yaw Ofori, Commissioner of the National Insurance Commission (NIC) and some management and board members of CalBank and Saham Insurance, will help deepen insurance penetration in the country. Managing Director of the bank, Philip Owiredu, in his address noted that insurance plays a critical role in ensuring that businesses and households can mitigate unexpected financial shocks, preserve their assets and take productive risk. “As a player in the financial industry, we recognise the broader role insurance plays in generating economic opportunities. When insurers build the resilience and productivity of businesses, other sectors ...Read more

Posted In : Saham News
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Saham Insurance donates Personal Protective Equipment to University of Ghana

The Vice-Chancellor, Professor Ebenezer Oduro Owusu has received a donation of Personal Protective Equipment (PPE) on behalf of the University from Saham Insurance to aid in the fight against the novel coronavirus. Professor Robert Ebo Hinson, Acting Director, Office of Institutional Advancement, in his introductory remarks noted that Saham Insurance as a corporate institution, has expressed interest in initiating some partnership with the University of Ghana. In brief remarks, Mabel Porbley, Managing Director, Saham Insurance, expressed appreciation for the warm reception. She indicated that businesses can thrive only when communities are protected. This has therefore informed the decision to make a nationwide donation of the PPE. She added that the outbreak of the novel coronavirus has presented an obligation of helping mankind and supporting businesses to flourish financially. The Vice-Chancellor in his remarks, expressed profound gratitude to Saham Insu...Read more

Posted In : Saham News
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Saham Insurance donates GH¢280,000 in support of Ghana’s coronavirus response

Saham Insurance Ghana has donated a total amount of ¢280,000 to various institutions and bodies as part of its effort to support the country in its fight against the spread of the novel coronavirus. This includes a cash donation of ¢100,000 has been made to the National Covid-19 Fund to support the national program for managing the virus. Speaking at the recent donation at the Fund Secretariat at the Jubilee House Michael Hamenoo, the Board Chairman of Saham Life Insurance said, “The Sanlam Group is in the business of protecting life and property and we believe in supporting our businesses’ communities across Africa. “We understand that the nature of this pandemic requires everyone to lend a helping hand to ensure we gain some form of normalcy.” Present at the donation was the Chairman and Board members of Saham Insurance and Saham Life Insurance. Also present were Mabel Porbley, Managing Director, Saham Insurance Ghana, Gift...Read more

Posted In : Saham News
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Sanlam Emerging Markets Contributes to Fight the Coronavirus

Sanlam Emerging Markets (SEM) has thrown its weight behind the fight against the spread of the Coronavirus in all the markets that mirrors its business footprint both in Africa and other international markets where it operates. Sanlam is donating R45 million (about USD2,3 million) to support various initiatives to fight the pandemic in Africa and other territories where SEM has a business presence. There are over 11 000 reported cases of Coronavirus infections in Africa, and over 500 COVID-19 related deaths reported (source: WHO). The funds are aimed at assisting efforts in ‘flattening the curve’ and to support various initiatives to combat the spread and the impact of the virus and will be used for personal protective equipment (PPEs), contributions to national solidarity funds, food relief and to assist schools with e-learning.Commenting on the donation, SEM CEO, Mr Heinie Werth said each of the 32 countries in Africa as well as other markets Sanlam ...Read more

Posted In : Saham News
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Sanlam’s Holding Statement on COVID-19

Sanlam is taking the outbreak of the Coronavirus (“COVID 19”) very seriously. We fully support all measures announced by our government to curb the spread of the virus and are prepared for variations of its possible impact. Our rigorous business continuity plans have been activated, in line with requirements to continue servicing our clients. We understand that this is a very challenging time for everyone and we assure our clients that we are committed to do whatever we can to help our people and to support and protect our economy.   As a business, we have various options available to assist people who may have cash flow constraints, and we encourage clients to speak to their intermediaries for advice. Sanlam remains fastidious in honouring all claims that meet contractual requirements. While we do not have specific COVID-19 claimable events, we will cover all valid claimable events across the entire range, – including events cause...Read more

Posted In : Saham News
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Sanlam Acquires FBN Insurance in Nigeria

Sanlam is pleased to announce that it has acquired the remaining stake in the Nigerian insurance business FBN Insurance from its partner, FBN Holdings Plc (FBNH). This gives the Group 100% ownership of FBN Insurance Limited (FBNI) and its subsidiary, FBN General Insurance Limited. The transaction, conducted through Sanlam’s business cluster focused on emerging markets, Sanlam Emerging Markets (SEM), has received all the necessary regulatory approvals. FBN Holdings Plc held 65% of FBN Insurance, while Sanlam held 35%. The effective date for Sanlam taking full control of FBN Insurance will be 1 June 2020.“This transaction is in line with our business strategy to deepen our presence in our existing markets and highlights and enhances our long-standing commitment to the Nigerian market. Sanlam exercised its pre-emptive right to acquire the remaining shareholding of FBNI and in line with our partnership philosophy that underpins our business model, we wi...Read more

Posted In : Saham News

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