FBN Insurance coverage has rebranded to Sanlam Life Insurance coverage Nigeria Restricted.
Sanlam, a non-banking monetary companies firm, introduced the launch of its model within the Nigerian market throughout an occasion in Lagos.
It said that the transfer supported Sanlam’s technique to ship wonderful services and products to shoppers by means of direct contact with the Sanlam model.
“The rebrand additional helps Sanlam’s efforts to boost its presence throughout Africa in addition to its ongoing funding within the continent,” it said.
It added that the rebranding would apply to the life and normal insurance coverage companies, Sanlam Life Insurance coverage Nigeria Restricted and Sanlam Basic Insurance coverage Nigeria Restricted, respectively.
The Chief Govt Officer, Sanlam Pan Africa Life Insurance coverage Cluster, Robert Dommisse, highlighted Sanlam’s dedication to Nigeria, and the significance of West Africa market to Sanlam.
SPA is the division in Sanlam Rising Markets, which encompasses Sanlam Group’s companies in Africa and different rising markets equivalent to India and Malaysia.
He stated, “Nigeria has at all times been one of the vital markets for the Sanlam Group as a result of the nation is such a key financial system on the African continent.
“It has at all times been crucial that Sanlam has a powerful presence and operation in Nigeria. We’ve got a very good enterprise within the Nigerian market, and we’re going to proceed make investments and develop the operation.
“It’s important for us that we achieve this underneath the Sanlam model in order that the present and potential clients know that they are going to be getting the complete help of the guarantees we make out there.”
The Managing Director and Chief Govt Officer, Sanlam Life Insurance coverage Nigeria Restricted, Mr Tunde Mimiko stated, “We stay up for the following thrilling chapter of the enterprise underneath the banner of the Sanlam model which is dedicated to repeatedly selling client entry and inclusion in monetary companies throughout the African continent.
“The introduction of the Sanlam model is a milestone improvement for Nigeria. By means of our revolutionary model providing, we stay up for delivering companies that empower generations of Nigerians to be financially safe, assured, and affluent.”
The Managing Director and Chief Govt Officer, Sanlam Basic Insurance coverage Nigeria Restricted, Mr Bode Opadokun, stated, “We’ve got regularly advanced our enterprise and our merchandise so as to add worth to many lives.
“As we step into one other thrilling part of our journey, we stay up for delivering companies by means of the compelling model of Africa’s main non-banking monetary companies organisation, Sanlam, each within the Nigerian market and West African area.”