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Santam gains Lloyd's approval to launch new London syndicate
Cape Times
|July 24, 2025
IN A SIGNIFICANT step towards bolstering its international presence, Santam, the short-term insurer owned by Sanlam, has received in-principle approval from Lloyd’s of London to establish a new syndicate.
This strategic initiative, branded as Santam Syndicate 1918, pays homage to the company’s founding year and is set to commence underwriting in January 2026.
“We are very excited about our partnership with Lloyd’s and the expansion opportunities into new territories and classes that the new syndicate will offer,’ said Tavaziva Madzinga, CEO of Santam Group. “Lloyd's is a global hub for insurance business, innovation and talent, and we are pleased to be building out new foundations in this market, with the support of our partners and the talent we have attracted,” he said.
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