Clientèle has successfully concluded its merger with Telesure Investment Holdings, acquiring 100% of 1Life Insurance’s share capital for R1.91 billion settled through the issuance of Clientèle shares. The merger brings together decades of industry expertise and a combined embedded value of about R7.8 billion and nearly 1.5 million contracts. Both Clientèle and 1Life will continue operating independently, offering a comprehensive range of financial products. The merger leverages their strong complementary distribution channels, fostering synergies and growth opportunities. The merged entity aims to acquire more clients, provide added value and offer enhanced opportunities while maintaining a focus on core values.
