Santam Limited

Santam Umbrella Logo
Company type	Public company
Traded as	JSE: SNT
Industry	financial services
Founded	May 1, 1918 (1918-05-01)
Headquarters	Tyger Valley, Bellville, City of Cape Town , South Africa
Key people	Tavaziva Madzinga (CEO); Hennie Nel (CFO); Nombulelo Moholi (Chairman)
Products	Short-term insurance
Revenue	R49.627 billion (2022)[1]: 109
Operating income	R2.084 billion (2022)[1]: 109
Net income	R33 166 million (2022)[1]: 109
Total assets	R73.047 billion (2022)[1]: 108
Total equity	R11.598 billion (2022)[1]: 108
Owners	Sanlam (62.3% - 2022)
Number of employees	6 339 (2022)
Website	www.santam.co.za

Santam is a South African financial services group that also has business interests in Malawi, Tanzania, Uganda, Zimbabwe and Zambia.^[2] Santam's head office is located in Bellville in the Western Cape, South Africa. The company is listed on the Johannesburg Stock Exchange (JSE) and is South Africa's largest short-term insurer.^{[3][4][5][6][7]}

The Suid-Afrikaanse Nasionale Trust en Assuransie Maatskappy (South African National Trust and Assurance Company Limited) (Santam) was established on 1 May 1918. One month later the South African Life Assurance Company (Sanlam) was established as a full subsidiary of Santam to focus on life assurance while Santam remained focused on short-term insurance.^[8] Santam is a subsidiary of South African financial services group Sanlam, which holds 62.3% of Santam’s shares.^[1]: 23 Santam released their annual financial results for 2022 on 2 March 2023.^[9]

As on 1 March 2023, Santam's executive management consists of:^[1]: 74

• Group Chief Executive Officer: Tavaziva Madzinga
• Group Chief Financial Officer: Hennie Nel
• Executive Head: Santam Commercial and Personal: Edward Gibbens
• Executive Head: Santam Specialist business - Quinten Matthew
• Executive Head: Underwriting, Reinsurance and International: John Melville
• Executive Head: Human Resources Enid Lizamore
• Head: Market Development & Sustainability: Karl Socikwa
• Chief Executive Officer of MiWay: Burton Naicker
• Executive Head: strategic business development - Gerald van Wyk
• Executive Head: Intermediated Business - Andrew Coutts
• Chief Risk Officer, Asher Grevler

Below are the group's largest shareholders as at 31 December 2022:^[1]: 126

• Santam.co.za

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