Santam Ltd (SNT.JO)

30,123.00 +84.00 (+0.28%) At close: 05:00PM SAST

Santam Ltd

1 Sportica Crescent
Tyger Valley
Bellville 7530
South Africa
27 21 915 7000
https://www.santam.co.za

Sector(s): Financial Services
Industry: Insurance - Specialty
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Tavaziva Chadamoyo Madzinga	CEO & Executive Director	17.34M	N/A	1980
Mr. M L Wikus Olivier	Group CFO, Debt Officer, Finance Director & Executive Director	12.03M	N/A	1973
Mr. Burton Naicker	Chief Executive Officer of MiWay	N/A	N/A	1975
Ms. Nomagugu Vivian Mtetwa CA(SA)	Chief Operating Officer	612.18k	N/A	1979
Sam Nkosi	Chief Technology Officer	N/A	N/A	N/A
Thabiso Rulashe	Head of Investor Relations & Strategy	N/A	N/A	N/A
Ms. Tinyiko Ribisi-Termark	Chief Legal Officer	N/A	N/A	1984
Norah Sehunoe	Executive Head of Human Resources	N/A	N/A	N/A
Mr. Steve Murphy	Head of Santam Reinsurance	N/A	N/A	N/A
Mr. Asher Grevler	Chief Underwriting Officer	N/A	N/A	1975

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ZAc.

Description

Santam Ltd, together with its subsidiaries, provides various general insurance products for individuals and businesses in South Africa, rest of Africa, Southeast Asia, India, the Middle East, and internationally. The company offers personal insurance products, such as car, building, home contents, watercraft, travel, and drone insurance; and all risk insurance for jewellery, mobile communication devices, eyewear, laptops, computer equipment, musical instruments, medical equipment, bank vault contents, collections and personal documents, photographic equipment, sports gear, bicycles, audiovisual equipment, home entertainment devices, camping gear, and vehicle sound equipment, as well as claim, brokerage, and SOS services. It also provides commercial insurance products comprising motor, property, and liability insurance; and guesthouses, tourism, real estate, educational institutions, religious institutions, and cybers security insurance products. In addition, the company offers specialist risks insurance products consisting of aviation, cell captive, corporate property, engineering and construction, heavy haulage, marine, minibus taxis, private client, structured, specialist liability, and VUM business lite insurance; and agriculture insurance products, such as asset, crop, and fire insurance protection. Further, it engages in investment and reinsurance activities. Santam Ltd was incorporated in 1918 and is headquartered in Bellville, South Africa. Santam operates as a subsidiary of Sanlam Limited.

Corporate governance

Santam Ltd’s ISS governance QualityScore as of 1 May 2024 is 5. The pillar scores are Audit: 5; Board: 6; Shareholder rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.