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Sanlam Limited · Bellville, Western Cape South Africa ·(Johannesburg: SLM)

Company Description

2 Strand Rd.
Bellville, Western Cape
7530
South Africa (Map)
Phone: +27-21-947-9111
Fax: +27-21-947-3670
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    Charlize Theron may have run away to Hollywood, but the Sanlam Group keeps its star power at home in South Africa. Targeting middle-market and affluent clients, the company provides insurance and wealth management services. Major segments are life insurance (including annuities and other investment products) and short-term insurance (property and casualty coverage sold through majority-owned Santam). The company has been expanding its investment business through segments including Sanlam Investment Management, its Octane hedge fund of funds, and its SIM Emerging Markets, which focuses on African economies.

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    Key Sanlam Limited Financials

    Company TypePublic - Johannesburg: SLM

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$6,630.9

    Sanlam Limited Executives

    69 executives listed for Sanlam Limited's Bellville, Western Cape location.
    TitleName & BioContact
    ChairmanRoy AndersenNetwork
    Deputy ChairmanPatrice MotsepeNetwork
    CEOJohan van ZylNetwork

    Competition

    Competitive Landscape for Sanlam Limited
    Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
    Top Sanlam Limited Competitors
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