Sanlam
| Sanlam
|
|
|---|---|
 |
|
| legal form | Limited |
| ISIN | ZAE000070660 |
| founding | December 1917 |
| Seat | Cape Town , South Africa |
| Number of employees | 15,465 (2012) |
| Branch | Insurance |
| Website | www.sanlam.co.za |
Sanlam is a South African company based in Cape Town . Sanlam is active in the insurance industry and offers various types of insurance for its customers. The company's history goes back to 1917, today Sanlam is one of the largest companies in Africa .
history
Beginnings
In December 1917 the businessmen Charlie G. Fichardt, Willie A. Hofmeyr, Charlie R. Louw, Pieter A. Malan, Fred H. Dormehl, Antoon F. Benning (all South Africans) and the Scot Alfred McDowell met in Cape Town for the Discuss starting an insurance company. This was registered as Suid-Afrikaanse Nasionale Trust en Assuransie Maatskappij (South African National Trust and Insurance Company), Santam , on March 28, 1918. The life insurance division was spun off into an independent company to ensure that long-term profits for policyholders and short-term profits for shareholders were separated. Sanlam was registered as Suid-Afrikaanse Nasionale Lewens Assuransie Maatskappij Beperk (South African National Life Insurance Company) on June 9, 1918 , the parent company Santam focused on short-term insurance.
20th century
During the Depression after the Second Boer War and the Spanish flu , Sanlam struggled with problems and generated only small surpluses in the first few years, with the main income coming from rural areas before increased activity in cities in the late 1920s. After the Second World War, Sanlam expanded its business areas and continued to grow. The long-time chairman MS Louw changed to the management of the South African state enterprise Industrial Development Corporation . In 1953, the number of employees at Sanlam was around 800.
In 1954 the company was converted into a mutual insurance company. The company became one of the largest South African insurance companies at the end of the 20th century. In 1998 it was demutualized into a stock corporation and listed on the Johannesburg Stock Exchange and the Namibia Stock Exchange .
After 2000
Sanlam was integrated into the BEE policy concept. In 2004, Ubuntu-Botho Investments, led by Patrice Motsepe , took over 10 percent of Sanlam as part of a BEE transaction. In 2006 the company acquired shares in several companies and expanded its activities to include the provision of financial services for the entry-level segment. In 2007, the inflow of business exceeded 100 billion South African rand for the first time in the company's history . Sanlam is expanding its business to Asia, where in 2012 26 percent of the Indian Shriram Group was bought, and life insurance was taken over in Malaysia and Indonesia .
Board members
Sanlam's boards of directors have held various titles over the years, and in some cases they have run the company side by side.
| Surname | date | title |
|---|---|---|
| Fred H Dormehl | June 20, 1918 - October 1918 (died of influenza ) | Managing director |
| Alfred MacDowell | 1918 - June 1920 | General manager |
| Willie A Hofmeyr | 1918 -? | Managing director |
| CR Louw | June 4, 1920-1922 | Managing director |
| GF de Villiers | March 17, 1922 -? | General manager |
| MS Louw | October 1, 1927-1949 | Manager, Managing Director from 1946 |
| JRC de Villiers | 1935 - October 1948 | General manager |
| Andreas D Wassenaar | October 1948 - March 1969 | General Manager, Managing Director from December 1965 |
| PJF Scholtz | March 1969 - April 1978 | Managing director |
| Fred J du Plessis | May 1978 - April 1985 | Managing director |
| Pierre Steyn | April 1985 - March 1993 | Managing Director, from April 1991 Executive Head and Deputy Chairman |
| Desmond K Smith | April 1993 - December 1997 | Managing director |
| Marinus Daling | December 1997 - April 2001 | Executive Head and Executive Chairman |
| Leon Vermaak | May 2001 - December 2002 | Executive Head |
| Flip de V Rademeyer | December 2002 - March 2003 | Acting Executive Head |
| Johan van Zyl | March 31, 2003 - present | Executive Head, Group Chief Executive from July 15, 2003 |
logo
The Sanlam logos have varied greatly over time, and in some cases they were also used at the same time. The initial logo from 1918 shows the company's initials , in 1926 it was redesigned to show the headquarters with a map of South Africa as a background. On the logos between 1932 and 1952 the springbok , birds and the words “Sanlam” can be read. From 1953 to 1967 the logo was a black bar with white Sanlam on it, in 1968 the logo became a stylized S. In 1970 blue became the company color. From 1973 you had two caring hands as the logo, the current form of the logo dates from 1991.
Web links
- Sanlam website (English)
Individual evidence
- ^ Sanlam's socio-economic impact in South Africa and beyond ... (PDF) (No longer available online.) Sanlam.co.za, formerly in the original ; accessed on March 1, 2013 (English). ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ a b c d History of Sanlam. (No longer available online.) Sanlam.co.za, archived from the original on Jan. 2, 2013 ; accessed on March 1, 2013 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ a b Timeline: 1918 - Current. (No longer available online.) Sanlam.co.za, archived from the original on February 24, 2013 ; accessed on March 1, 2013 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ Sanlam Limited - Ubuntu-Botho Investments Limited: Joint detailed cautionary announcement . December 4, 2003, Cape Town. on www.sanlam.co.za ( Memento of the original from October 3, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ Sanlam confirms stake in Indian company. africanbusinessreview.co.za, accessed March 1, 2013 .
- ^ Sanlam turns to South Asia for growth. bdlive.co.za, accessed March 1, 2013 .
- ^ Chief Executives. (No longer available online.) Sanlam.co.za, archived from the original on February 22, 2013 ; accessed on March 1, 2013 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
