Founded in 1995 as a subsidiary of the Saham Group, Saham Finances grew to become one of the largest insurers in Africa. The company established a strong presence in over 26 countries, primarily in North, West, and East Africa, as well as the Middle East. Its core business involved offering a comprehensive portfolio of insurance products, including life, health, and property & casualty insurance. In 2018, the South African financial services giant Sanlam Group acquired 100% of Saham Finances for $1.05 billion, leading to the subsequent rebranding of Saham's subsidiaries under the Sanlam name (e.g., Saham Assurance Maroc became Sanlam Maroc).

Founded in

Morocco