FBNInsurance Rebrands, Becomes Sanlam Insurance

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1 FBNInsurance on Thursday in Lagos rebranded to Sanlam Life and General Insurance Nigeria Ltd. following its acquisition by Sanlam, a non-banking monetary companies firm.

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2 The Chief Executive Officer, Sanlam Pan Africa (SPA) Life Insurance Cluster, Mr Robert Dommisse, mentioned on the inauguration that the rebranding would apply to life and basic insurance companies of the agency.

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3 Dommisse mentioned the brand new identify of the insurer can be Sanlam Life Insurance Nigeria Ltd. and Sanlam General Insurance Nigeria Ltd., respectively, with the motto: “Live With Confidence.

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He mentioned the rebranding would strengthen Sanlam’s technique to ship wonderful services to purchasers, and would additionally assist efforts to reinforce the corporate’s presence throughout Africa.

5 Dommisse mentioned the corporate was dedicated to Nigeria and the West Africa market.

6 According to him, SPA is a division in Sanlam rising markets, which encompasses Sanlam Groups of companies in Africa and different rising markets reminiscent of India and Malaysia.

7 “Nigeria has always been one of the most important markets for the Sanlam Group because the country is a key economy on the African continent.

8 “It is imperative that Sanlam has strong presence and operation in Nigeria.

9 “We have a good business in the Nigerian market and we are going to continue to invest and grow the operation.

10 “It is important for us to do so under the Sanlam brand so that our existing and potential customers will know that they will be getting the full support of the promises we make in the market,” Dommisse mentioned.

11 The Managing Director and Chief Executive Officer, Sanlam Life Insurance Nigeria Ltd., Mr Tunde Mimiko is optimistic the corporate will expertise an thrilling chapter below the Sanlam model.

12 “The underwriter is committed to continuously promote consumer access and inclusion in financial services across the African continent.

13 “The introduction of the Sanlam brand is a milestone development for Nigeria.

14 “Through our innovative brand offer, we look forward to delivering services that will empower generations of Nigerians to be financially secure, confident and prosperous,” Mimiko mentioned.

15 Mr Bode Opadokun, Managing Director and Chief Executive Officer, Sanlam General Insurance Nigeria Ltd., mentioned the insurance firm had continued to evolve its business and merchandise so as to add worth to many lives.

16 “As we step into another exciting phase of our journey, we look forward to delivering services through the compelling brand of Africa’s leading non-banking financial services organisation both in the Nigerian market and West African region,” he mentioned.

17 The News Agency of Nigeria experiences that Sanlam Group, established in 1918 as a life insurance firm, is listed on the Johannesburg, Namibian and A2X inventory exchanges, with presence in over 33 international locations.

NewsSourceCredit score: NAN

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