MCIS Life Strengthens Relationship With Merchantrade

MCIS Insurance Berhad (MCIS Life) is a
pioneer life insurer in Malaysia since 1954, regulated by Bank Negara Malaysia,
and a proud member of the Sanlam Group, one of the world’s biggest
internationally active insurance groups, since 2014.




About Sanlam Group

Sanlam is a pan-African financial
services group listed on the Johannesburg, Namibian and A2X stock exchanges.
Through its five business clusters – Sanlam Personal Finance, Sanlam Emerging
Markets, Sanlam Investment Group, Sanlam Corporate and Santam – the Group
provides comprehensive and bespoke financial solutions to institutional clients
and consumers across all market segments. Sanlam’s areas of expertise include
life and general insurance, financial planning, retirement, investments and


Established in 1918 as a life insurance
company, Sanlam has evolved into the largest non- banking financial services
group in Africa through its diversification strategy.


Headquartered in South Africa, Sanlam
has a direct stake in financial services entities in Namibia, Botswana,
Swaziland, Zimbabwe, Mozambique, Mauritius, Malawi, Zambia, Tanzania, Rwanda,
Uganda, Kenya, and Nigeria. The Group owns Saham Finances, thereby having a
footprint of insurance operations in Morocco, Angola, Algeria, Tunisia, Ghana,
Niger, Mali, Senegal, Guinea, Burkina Faso, Cote D’Ivoire, Togo, Benin,
Cameroon, Gabon, Republic of the Congo, Madagascar, Burundi, and Lesotho.


Sanlam also has insurance business interests
in India, Malaysia and the United Kingdom and has business interests in the
USA, Australia, the Philippines, Lebanon and Saudi Arabia.


For further information on Sanlam,
please visit us at


About Merchantrade Asia


Asia Sdn. Bhd. is a leading fintech company and Malaysia’s largest Money
Services Business operator and fast-growing e-Money issuer.


operates 98 branches, 2 main wholesale banknote trading hubs, has more than
1,000 agent locations and cash-in cash-out merchants throughout Malaysia. Its
award-winning digital platforms such as eRemit mobile money transfer app,
available in both Malaysia and Singapore allows for seamless worldwide personal
money transfers, and Merchantrade Money an app and card-based digital wallet
that offers a range of digital financial services, including multi-currency
wallet solution, digital payments, remittance services, currency exchange,
micro-insurance, mobile reloads and more.


For more information, please visit



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