By Silvia Nyambura
Early in April 2014, Sanlam Emerging Markets (SEM) acquired 49% of NICO holdings general insurance business across its markets in Malawi, Zambia, Tanzania and Uganda. This deal saw Sanlam acquire majority stake in Niko Insurance Uganda a subsidiary of NICO Holdings.
Almost a year and a half later, Niko Insurance has announced it has rebranded to Sanlam General Insurance.
According to Gary Corbit the CEO Sanlam General Insurance, the rebrand will give clients the added comfort and security of doing business with a company that is well known in many African markets as a leader in general insurance, wealth creation, management and protection.
“We look forward to using this opportunity to strengthen our business relationship with our clients, partners and associates and to further entrench the Sanlam way of doing business to a wider range of clients,
