Sanlam Kenya PLC has announced plans to change its name to Sanlam Allianz Holdings (Kenya) PLC, underscoring a pivotal phase in the company’s transformation journey. The proposal will be tabled during an Extraordinary General Meeting (EGM) scheduled for 9 October 2025, where shareholders are expected to deliberate and vote on the resolution.
The move follows Sanlam Group’s ongoing partnership with Allianz SE, a global financial services provider headquartered in Germany. The collaboration, first announced in 2022, aims to strengthen the African insurance market by combining Sanlam’s established presence with Allianz’s international expertise.
If approved, the new name will come into effect once the Registrar of Companies issues the Certificate of Change of Name.
In a notice released by the Group Company Secretary, Emma Wachira, Sanlam Kenya outlined the agenda of the EGM, which will be conducted virtually on 9 October 2025 at 11:00 am. The meeting will:
Confirm the notice convening the meeting.
Table proxies and confirm the presence of a quorum.
Vote on the special resolution to change the company’s name.
Address any other business raised with due notice.
Shareholders are required to register in advance, either by sending an email to the company’s registrar or by using the dedicated USSD code. Registration opened on 16 September and will close on 6 October 2025.
Those unable to attend electronically may appoint proxies, who do not necessarily have to be shareholders, provided valid proxy forms are submitted to the company’s registrar by 7 October.
Sanlam Kenya has provided several channels for shareholders to submit questions ahead of the EGM. Questions can be sent via email, SMS, or physically delivered to the company’s offices. The company has committed to responding to all queries by 8 October 2025.
During the live meeting, shareholders will also be able to pose questions directly using the USSD platform or through the livestream system.
The proposed change from Sanlam Kenya PLC to Sanlam Allianz Holdings (Kenya) PLC underscores the deepening integration of Sanlam’s African operations with Allianz’s global insurance network.
By adopting the Allianz name, Sanlam Kenya may benefit from improved brand recognition, access to wider expertise, and stronger capital backing. For policyholders and customers, the shift is expected to bring an expanded suite of insurance and investment products, greater innovation, and potentially improved customer service standards.
The Sanlam-Allianz partnership is one of the most significant developments in Africa’s insurance industry in recent years. Together, the two companies aim to increase insurance penetration, which remains below 3% in many African markets.
In Kenya, where insurance uptake has struggled to grow beyond niche markets, industry experts believe the rebrand could help accelerate adoption by appealing to younger and more digitally savvy customers.
To ensure transparency, Sanlam Kenya has pledged to publish the results of the EGM on its website within 24 hours of the meeting. Shareholders have also been encouraged to monitor updates online in the run-up to the meeting.
Registered shareholders and proxies will receive SMS confirmations containing login details and livestream links ahead of the meeting.
While the name change resolution is expected to pass given Sanlam Group’s backing, the move represents more than a symbolic shift. It signals the company’s ambition to align more closely with global standards, deepen its product offering, and secure a stronger foothold in the region’s financial sector.
If approved, Sanlam Allianz Holdings (Kenya) PLC will become one of the most prominent players in the East African insurance market, operating under a globally trusted brand.
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