Patrice Motsepe’s ARC and Sanlam launch new insurer
Sanlam owns a controlling 51% stake in the new African Rainbow Life, which be only the second insurer to have a black management team
Patrice Motsepe’s African Rainbow Capital (ARC) has launched an insurance company, African Rainbow Life (ARL).
Unlike other insurers that serve the low-income segment of the market, the company offers a full spectrum of insurance, from underwritten life insurance to investments and retirement products. ..