The Zimnat Group,rebranded to highlight its association with the Sanlam group in March 2017. Sanlam Emerging Markets (SEM), a subsidiary of Sanlam Limited in 2015 acquired a 40% shareholding in the Zimnat Group.

Mustafa Sachak, CEO of the Zimnat Group said “Over the last 71 years, Zimnat has endured a myriad of environmental challenges but has remained strong and committed to protecting our clients’ interests. Our response to the different challenges has been a consistent focus on delivering superior customer experience and maintaining strong ethics and integrity. These are at the core of the Zimnat Group.

“As we scale up for growth in our industry and in the region, we have found a partner in Sanlam who shares our business philosophy, moral principles and work ethos, a partner who believes that “if it’s a job worth doing, it’s a job worth doing very well”.

“The benefits to Zimnat of this partnership are many, among them the knowledge base that we will have access to, with over 15 000 employees and over 75 000 associates around the globe who specialise in the businesses in which we are involved.

Sanlam is a dominant financial services and insurance holding company, listed on the Johannesburg Stock Exchange. Sanlam has been in the insurance and life assurance business since 1918.