Santam completes acquisition of Kandua to strengthen home service offering
05/31/24, 1:30 AM
Location
Industry
insurance
employee benefits
financial services
marketplace
internet
e commerce
Santam, a short-term insurance specialist, has acquired Kandua, a technology company that operates an online marketplace for home services. Kandua will be integrated with Santam’s current home service offering, Home+, creating a wholly owned, independent subsidiary of the insurer. The acquisition reinforces Santam’s commitment to enhancing its home service offering and expanding its capabilities within the sector.