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Category: Insurance News / Short Term Insurance / Santam / October 2005

 

Independent study again rates Santam tops 

Santam has been ranked as the best insurance company in South Africa in both the commercial and personal lines categories in a recent study by PricewaterhouseCoopers, one of the world’s most respected accounting and audit services firms. 

Santam and Mutual & Federal are joint winners in the corporate category.

The report entitled Strategic and Emerging Issues in the South African Insurance Broking Industry 2005 assesses the opinions and views of managing directors and senior executives of 18 leading South African broking firms, which represent a comprehensive insight into the insurance broker industry. 

The participating broking firms were asked to rank the insurance providers in terms of success in categories like performance, presence, risk management and distribution of products. 

Steffen Gilbert, chief executive of Santam, said, “It’s fantastic to be recognised by brokers as the top performer in both personal and commercial lines – these are the people who deal with existing and potential clients every day and are happiest to recommend Santam over all our competitors. 

“Our success comes down to being able to continually offer innovative and flexible products and is underlined by the importance we place on developing long-term relationships with all our policyholders and brokers and, of course, our unwavering commitment to outstanding client service.”  This latest recognition comes on the back of Santam making a clean sweep of the South African Financial Services Intermediaries Association (SAFSIA) awards, by being named Personal, Commercial and Corporate Insurer of the Year. 

Santam was also recently named as the highest ranked financial services provider in the Financial Mail’s Top Listed Companies Review 2005 – the only insurer to make the list. Santam was ranked 14th on the exclusive list of the 20 Top Companies in South Africa that are considered the “bluest of the blue chips”.

Source:  Santam e-focus October 2005

 

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