
South African bank penalised by regulator for misleading advertisement
Financial Sector Conduct Authority says fine imposed should remind companies that misleading and false advertising will not be tolerated.
BRANDING
By our African Marketing Confederation News Team | 2024
First step into a new era for the 106-year-old insurer as it unveils a new brand concept, ‘Living in the moment, not in the worry’.
Photo: Santam
South African short-term insurer Santam has announced a strategic brand repositioning that will see the business refresh its positioning in line with a new brand concept, ‘Living in the moment, not in the worry’.
Nondumiso Mabece, Head of Brand at Santam, says this is the first step into a new era for the 106-year-old insurer, and heralds a fresh approach to insurance.
The new strategy will see Santam championing short-term insurance as an enabler for people to feel free and seize the day, to live without fear or worry, and to live liberally – knowing the things that support their lives and livelihoods are properly protected.
Provide people with a sense of security
“Our role as a leader in insurance is to provide the sense of security that people need to grow, to make moves, to dream big and to plan bigger, no matter what life throws your way,” explains Mabece.
“Knowing that the valuable things you own – whether that be your home’s contents, your business’s equipment or your personal belongings – are protected against the unexpected is what people need to focus on. Our new slogan, ‘This is Freedom’, captures this important message.”
The next few months will see the rollout of the repositioning strategy as the insurer aims to strengthen it market leadership position, the company says in a statement.
“Even though Santam has cemented a legacy and is widely regarded as one of South Africa’s most recognisable household names in insurance, this doesn’t mean Santam is a legacy brand. In fact, the exact opposite is true,” notes Mabece.
“Leaning on our advanced data and analytics capabilities, we now understand more about South African customers than we ever have – including what they expect from an insurer and how we can best serve their needs.”
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Dr. Kin Kariisa is an extraordinary force at the helm of Next Media Services, a conglomerate encompassing NBS TV, Nile Post, Sanyuka TV, Next Radio, Salam TV, Next Communication, Next Productions, and an array of other influential enterprises. His dynamic role as Chief Executive Officer exemplifies his unwavering commitment to shaping media, business, and community landscapes.
With an esteemed academic journey, Dr. Kariisa’s accolades include an Honorary PhD in exemplary community service from the United Graduate College inTexas, an MBA from United States International University in Nairobi, Kenya, a Master’s degree in Computer Engineering from Huazong University in China, and a Bachelor’s degree in Statistics from Makerere University.
Dr. Kariisa pursued PhD research in Computer Security and Identity Management at Security of Systems Group, Radboud University in Nijmegen, Netherlands. As a dynamic educator, he has shared his expertise as a lecturer of e-Government and Information Security at both Makerere University and Radboud University.
Dr Kin did his PhD research in Computer Security and Identity Management at Security of Systems Group, Radbond University in Nigmegen, Netherlands. He previously served as a lecturer of e-Government and Information Security at Makerere University in Kampala, Uganda and Radbond University in Netherlands.
Dr Kin did his postgraduate courses in Strategic Business Management, Strategic Leadership Communication and Strategies for Leading Successful Change Initiatives at Harvard University, Boston USA.