Patrick Tumbo betting on scale and capital to reclaim insurance crown

Sanlam Allianz Holdings Kenya CEO Patrick Tumbo.

Photo credit: File | Nation Media Group

Sanlam Allianz Holdings Kenya, the new name for Sanlam Kenya PLC, marks a new chapter for a company that started operating in Kenya on October 26, 1946 as Indo Africa Insurance Company Limited.

The firm, which was initially offering life insurance only, listed on the Nairobi Securities Exchange (NSE) in 1963 and changed its name to Pan Africa Insurance Company.

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