Santam buys remaining 49% of insurance technology company JaSure

South Africa News News

Santam buys remaining 49% of insurance technology company JaSure
South Africa South Africa Latest News,South Africa South Africa Headlines

Acquisition is part of JSE-listed insurer’s digitalisation drive in the wake of Covid-19 which severely disrupted its business model

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Short-term insurance giant Santam has bought the remainder of insurance technology company JaSure it didn’t already own to bolster its digital offerings for commercial and personal clients.

The remaining 49% of JaSure was bought for an undisclosed amount, the JSE-listed insurer said in a statement on Tuesday. JaSure sold the initial 51% stake to Santam in 2020...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA
 

South Africa South Africa Latest News, South Africa South Africa Headlines



Render Time: 2025-01-12 01:37:35