Business

Sanlam Officially Launches In The Nigerian Market

Sanlam Officially Launches In The Nigerian Market. South African financial services company Sanlam has announced that it has officially launched in the Nigerian market. The company took to LinkedIn to make the announcement.

The post read, “Sanlam has officially launched in the Nigerian market, rebranding FBNInsurance to Sanlam Life Insurance Nigeria Limited. This move supports our strategy to deliver excellent products and services to clients through direct contact with the Sanlam brand.”

Sanlam has successfully expanded to more than 40 countries across the world, with an extensive African footprint in more than 30 African countries. The company has held true to its purpose of enabling people to live their best possible lives by offering relevant financial products and services as well as empowering communities where it does business.

FBNInsurance is a Limited Liability Company licensed to transact Life Insurance businesses. The company is a member of the Sanlam Group, a leading diversified, pan-African financial services group. FBNInsurance officially commenced operations on the 1st of September 2010. As a life insurance business, the company provides coverage for Individual and Corporate Clients. It is the youngest start-up insurer in Nigeria with presence in strategic geographical locations across the country.

Drawing from the knowledge, experience and technical expertise of the Sanlam Group, the company intends to play a significant role in the development of the insurance industry in Nigeria. To achieve this, it is anchoring its operations on product innovation, efficient service delivery and prompt claim settlement.

By Thomas Chiothamisi
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