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Sanlam - About the company

Sanlam is a public company based in Bellville (South Africa), founded in 1918. It operates as a Provider of life insurance services. The company has 18 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like RCS, MMI Holdings and Assupol.

Company Details

Sanlam is a life insurance company. Its products and services include individual, group and short-term insurance, personal financial services such as estate planning, trusts, wills, personal loans, health management, savings and linked products. The company operates through business segments such as personal finance, emerging markets, investments, corporate & other. Their clientele includes individuals and business. In 2022, the company recorded annual revenues of $5.54B and a net profit of $0.77B.
Social
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Phone Number
+27 **********
Key Metrics
Founded Year
1918
Location
Bellville, South Africa
Stage
Public
Ranked
Employee Count
20,337 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Sanlam's IPO details

Sanlam got listed on Mar 16, 2021.
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Sanlam's funding and investors

Sanlam has not raised any funding rounds yet.

Sanlam's founders and board of directors

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Sanlam's employee count trend

Sanlam has 20,337 employees as of Jun 26. Here is Sanlam's employee count trend over the years:
Employee count trend for Sanlam
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Sanlam's Competitors and alternates

Top competitors of Sanlam include RCS, MMI Holdings and Assupol. Here is the list of Top 10 competitors of Sanlam, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sanlam
Sanlam
1918, Bellville (South Africa), Public
Provider of life insurance services
-
-
66/100
2nd
Logo for RCS
RCS
1999, Cape Town (South Africa), Unfunded
Provider of consumer finance solutions including credit cards, loans, and insurance products
-
-
46/100
3rd
Logo for MMI Holdings
MMI Holdings
2010, Centurion (South Africa), Funding Raised
Life insurance carrier
-
35/100
4th
Logo for Assupol
Assupol
1913, Pretoria (South Africa), Acquired
Life insurance company
-
32/100
5th
Logo for 1Life
1Life
2006, Centurion (South Africa), Funding Raised
Life insurance carrier
-
28/100
6th
Logo for Simply
Simply
2015, Cape Town (South Africa), Seed
Life insurance carrier
-
28/100
7th
Logo for Nobuntu
Nobuntu
2017, Sandton (South Africa), Seed
Funeral insurance firm
$50K
27/100
8th
Logo for Standard General
Standard General
1948, Pretoria (South Africa), Acquired
Life insurance firm
-
-
26/100
9th
Logo for Capital Legacy
Capital Legacy
2012, Sandton (South Africa), Funding Raised
Provider of estate planning and legacy planning
-
21/100
10th
Logo for JM Busha
JM Busha
2000, Johannesburg (South Africa), Unfunded
Provider of investment management and life insurance products
-
-
21/100
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Sanlam's Investments and acquisitions

Sanlam has made 9 investments in companies including Wetility and Wetility. Sanlam has also acquired 5 companies including Assupol and Qlink.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 02, 2024
Acquisition
1913
Pretoria (South Africa)
Sep 09, 2023
Investments
2019
Johannesburg (South Africa)
Sep 09, 2023
Investments
2019
Johannesburg (South Africa)
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Reports related to Sanlam

Here is the latest report on Sanlam's sector:

News related to Sanlam

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Media has covered Sanlam for a total of 12 events in the last 1 year, 2 of them have been about company updates.
•
•
Helping South Africans build financial confidence with AIBizcommunity.com•Oct 10, 2025•Sanlam
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