Sanlam Allianz Holdings (Kenya) PLC descends from Indo Africa Insurance Company Limited, a life insurer that listed on the Nairobi Securities Exchange as Pan Africa Insurance Holdings Company Limited and later traded as Sanlam Kenya PLC before adopting its current name. As a holding company it owns Sanlam Allianz Life Insurance (Kenya) Limited and Sanlam Securities Limited, and its principal activity is underwriting life and non-life insurance risks, including death, disability, credit protection and mortgage protection cover.
The group competes as a diversified Kenyan financial services provider rather than a single-line insurer, combining life and non-life underwriting with securities and investment subsidiaries and distributing through a network of client service centres in the country's major towns. It serves individuals and employer groups through personal and group life cover, with general insurance sold alongside through its general insurance subsidiary.