Transfer of insurance policies underwritten by Absa Insurance Company Limited (AIC) to Santam Limited (Santam)

Please note that this notice is applicable to all AIC clients with the following intermediated products, which form part of the transfer of insurance policies to Santam:

  • Absa Biz
  • Absa Select
  • Combined
  • Absa Agri Assets

AIC intends to transfer your insurance policy to Santam with no change to your terms and conditions.

To view copies of the documents listed in the Financial Services Board in-principle approval, click on the document name below:

  1. Notification (FSB application)
  2. Sale agreement
    This document is confidential, and if policyholders want to view this document, Gerrie van Rooyen must please be contacted on (011) 350 7071 or
  3. Resolution - AIC
  4. Resolution - Santam
  5. Statutory returns:
    1. Pre-transfer - AIC
    2. Pre-transfer - Santam
    3. Post-transfer - AIC
    4. Post-transfer - Santam
  6. Communication notices:
    1. Government Gazette notice
    2. Advertisement
    3. Communication to policyholders
    4. Communication to intermediaries

For more information, please call James Trybus on 011 846 2401 or at or Kobus Olivier from Santam on 011 489 2106 or at