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Green is the new black in insurance. To show Santam's support of the environment, it is the first insurance company to actively promote green energy by opting to give domestic householder clients the choice of replacing a damaged geyser with environmentally friendly solar heated options during the claim process. Santam is committed to facilitating the process as there are certain modifications that need to take place when converting from electrical to solar.
The benefit that the average household could experience by installing a solar geyser is in excess of 30% per month on their total geyser's electricity bill.
The launch of this initiative forms part of Santam's proactive risk management solution strategy and will have the following key impacts and benefits: