Santam buys remaining 49% of insurance technology company JaSure
Acquisition is part of JSE-listed insurer’s digitalisation drive in the wake of Covid-19 which severely disrupted its business model
07 June 2022 - 18:11
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...
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