African Insurance Awards 2016

Category

Insurance Company of the Year

Nominee

Saham Finances
Morocco

Reason for nomination

Saham Finances maintains an Africa-wide presence, with excellent financials, internal controls & systems comparable to any international corporation.

Despite the complexity of compliance, technologies and marketing/ distribution models which make overall management extremely difficult, SAHAM managed to have significant increases in premium income, customer base and profits over a long period.

It has improved performance on acquisitions for growth, utilizing all the various distribution models available on the continent.

It has a thorough acquisition move throughout Africa, with expansion acquisitions in Africa and the Middle East.

Saham has a strong solvency and skill set, with extensive presence in various countries resulting in steady growth pattern.