Sanlam General Insurance Nigeria Limited, a subsidiary of Sanlam Life Insurance Nigeria, is delighted to announce its recognition as the Financial Inclusive Insurer of the Year at the 2nd International Financial Inclusion Conference 2024.  The event was hosted by the Central Bank of Nigeria (CBN) under the theme, “Inclusive Growth: Harnessing Inclusion for Economic Development,” the event brought together notable leaders, including the Vice President of Nigeria, H.E. Kashim Shettima (GCON); Governor of the CBN, Mr. Olayemi Cardoso; and Lagos State Governor, Babajide Sanwo-Olu. The prestigious ceremony took place at the Landmark Centre, Victoria Island, Lagos. This award affirms Sanlam’s unwavering commitment to advancing financial inclusion through innovative and impactful solutions tailored to the unique needs of Nigerians.  Sanlam Nigeria’s winning submission in the category of Financially Inclusive Insurer of the Year showcased...Lire plus

Sanlam General Insurance Nigeria Limited, a subsidiary of Sanlam Life Insurance Nigeria is excited to announce a significant upgrade to its *1056# Code of Confidence, a revolutionary USSD solution now available on Airtel and MTN mobile networks in Nigeria. The expanded features provide customers with a seamless platform to make insurance claims, check policies, and purchase insurance directly through their mobile devices. Originally designed to provide fast and reliable third-party insurance claims, the *1056# code now extends beyond claims processing to deliver an all-in-one solution for essential insurance services. This enhancement reflects Sanlam's ongoing commitment to delivering innovative, customer-centric solutions that simplify the insurance journey for Nigerians. Customers can now access a range of features by dialing *1056#. These include the ability to initiate insurance claims instantly, check policy status, and even purchase new insurance product...Lire plus

Sanlam General Insurance Nigeria Limited, a subsidiary of Sanlam Life Insurance Nigeria, has reported impressive financial results for 2023, with a Gross Premium Written of N16.1 billion and claims payouts totaling N3.9 billion. These figures represent a notable increase of 41% and 26%, respectively, from the previous year, showcasing the company’s growth and commitment to customer satisfaction.   Sanlam's profit before tax also surged by 134%, climbing from N1.8 billion in 2022 to N4.4 billion in 2023, while its Total assets grew by 42%, increasing from N16.1 billion to N22.8 billion during the period under review, underscoring the company’s strong financial position and ability to meet its obligations.   Commenting, Bode Opadokun, Managing Director/CEO of Sanlam General Insurance, expressed his satisfaction with the company's financial performance, particularly the growth in profit before tax, shareholders' funds, and total as...Lire plus

The CEO Today Africa Awards celebrates exceptional leaders who are revolutionizing the business landscape in Africa. This prestigious award recognizes individuals who have demonstrated outstanding leadership, achieved remarkable success and made significant contributions to their industries. Bode Opadokun has been honored with the prestigious 2023 CEO Today Africa Award.    Bode Opadokun is an accomplished business leader and insurance mogul with a remarkable track record in the financial services sector and the Managing Director/CEO of Sanlam General Insurance Nigeria Limited. Opadokun, emerging as the winner of this esteemed accolade, solidifies his position as a prominent figure in the African business community.    The selection process for the CEO Today Africa Awards is rigorous and comprehensive. A panel of industry experts carefully evaluates the nominees based on a range of criteria, including leadership skills, financial performanc...Lire plus

Sanlam General Insurance, a subsidiary of Sanlam Life Insurance and member of the Sanlam Pan African group has made history in the Nigerian Insurance Industry by settling the fastest claim, which was done in less than one hour, using its game changer, Code of Confidence *1056#, USSD enabled device. According to the underwriting firm, with the USSD Code, motor insurance policyholders can get claims paid within three hours that an incident occurred. The Managing Director Sanlam General Insurance Limited, Bode Opadokun, said that depending on extent of the damage, if it is less than N200,000, the claim can be settled within three hours. According to him, Sanlam General Insurance Nigeria is excited to announced settlement of the fastest claim in less than one hour, using the Code of Confidence. He said the customer, John Victor Ebitom, from Benin City, Edo State, reported the claim and all the stakeholders were on standby to make this happened, adding that this is a...Lire plus

Sanlam General Insurance, a subsidiary of Sanlam Life Insurance and member of the Sanlam Pan African group, has opened a new Sales Outlet at 2, Wemco Road, Agidingbi, Ikeja to particularly aid ease of access to her motor insurance plans. This is in addition to various channels by which the firm's products can be purchased without stress.    Speaking at the official opening ceremony, Bode Opadokun, MD/CEO of Sanlam General Insurance, expressed his excitement about the sales outlet. "Our goal is to continually seek out ways to get our range of insurance to our target market. By opening this sales outlet, we have once again demonstrated our unwavering commitment to delivering unparalleled convenience, efficiency, and reliability to all those seeking comprehensive and third-party motor insurance coverage."    He further stated that the sales outlet is meticulously designed to cater to the diverse needs of our valued cust...Lire plus

Sanlam General Insurance Nigeria Limited, is thrilled to announce the launch of *1056#; a USSD Code of Confidence that allows customers access speedy resolution of third-party insurance claims in cases of road emergencies. This cutting-edge solution is the first of its kind in Nigeria.   This Code (*1056#) is Sanlam’s way of providing a seamless and customer-centric solutions to a number of challenges customers encounter while seeking report claims in case of any eventuality. With this new feature, Sanlam aims to enhance the claims experience for its valued customers by eliminating needless paperwork and unnecessary delays.   Customers can now use the simple and user-friendly *1056# USSD code on their mobile phones to initiate instant third-party claims. The process is quick and hassle-free, ensuring that customers receive prompt assistance and support during unexpected events and accidents involving third parties.   Gone ar...Lire plus

Sanlam General Insurance Nigeria Limited, a member of the largest Insurance group in Africa is committed to providing unparalleled financial confidence to its customers, the last five years has seen Sanlam General Insurance sustain a year-on-year surge in its Gross Premium Written, GPW amid the socio-economic wobbles. The company's financial statements revealed a Compound Annual Growth Rate (CAGR) of 31% in Profit Before Tax (PBT) from 2018 to 2022, which demonstrates Sanlam General Insurance ability to create value for its stakeholders. Its Shareholders’ funds also witnessed a CAGR of 12% during the same period, increasing from N5.1bn in 2018 to N8.2bn in 2022. This impressive growth in shareholders’ funds affirms the company’s commitment to maximizing returns on investment for its shareholders. Between 2018 and 2022, the company, due to its strategic prowess, grew its GPW from N4.6bn in 2018 to N11.4bn in 2022. The insurer paid N10.5bn to ...Lire plus