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Paul Hanratty Honored With 2025 Vanguard Market Development Award

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Paul Hanratty Honored With 2025 Vanguard Market Development Award
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News

Paul Hanratty Honored With 2025 Vanguard Market Development Award

2025-04-10 22:28 Last Updated At:22:41

NEW YORK--(BUSINESS WIRE)--Apr 10, 2025--

The International Insurance Society (IIS) has named Paul Hanratty, Group CEO of Sanlam, the 2025 Vanguard Market Development Award honoree. Hanratty will be formally honored at an awards ceremony on Oct. 26, 2025, at the Swiss Re Centre for Global Dialogue in Rüschlikon, Switzerland. The ceremony will mark the opening of the Global Insurance Forum, which runs from Oct. 26-27, 2025.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410997022/en/

The Vanguard Market Development Award recognizes leaders who have made exceptional strides in advancing the development of insurance in an underserved market or emerging economy. Recipients are recognized for their innovative approaches, leadership, and commitment to driving positive change. Nominees for the Vanguard Market Development Award are submitted by insurance executives and evaluated for selection by the IIS Executive Council, a body of senior insurance executives representing all sectors of the industry across a broad range of markets.

Paul Hanratty is a distinguished leader in the global insurance industry with over three decades of experience driving growth, innovation, and financial inclusion. Since assuming the role of Group CEO at Sanlam in 2020, Hanratty has overseen transformative initiatives that have expanded insurance accessibility across Africa and other emerging markets. Under his leadership, Sanlam has strengthened its position as Africa’s largest non-banking financial services group, with a focus on delivering financial security to underserved and underinsured populations.

At Sanlam, Hanratty has championed several initiatives to enhance financial literacy, improve product affordability, and leverage technology to broaden insurance penetration in developing regions.

Throughout his career, Hanratty has been recognized for his ability to balance financial performance with social impact, fostering a business model that not only drives profitability but also promotes financial inclusion and resilience.

In addition to the Vanguard Market Development Award, Hanratty has been acknowledged for his industry leadership with several accolades, including recognition for advancing insurance accessibility and shaping public-private collaborations that address critical societal needs.

“Paul’s leadership at Sanlam has been a driving force in expanding insurance access and fostering economic resilience across emerging markets,” said Josh Landau, President of the International Insurance Society. “His commitment to innovation, financial inclusion, and sustainable growth exemplifies the spirit of the Vanguard Market Development Award. Paul’s work is not only transforming the industry but also improving lives across regions where access to financial services is most needed.”

The Global Insurance Forum, hosted annually by the International Insurance Society, convenes industry leaders, policymakers, and academics to discuss the most pressing challenges and opportunities shaping the future of insurance.

About International Insurance Society

The International Insurance Society (IIS) is a non-profit organization that brings together insurance and risk management professionals from around the world. Insurance helps businesses thrive, communities grow, and people overcome hardship. The mission is simple: by providing education, recognizing excellence, and supporting career growth, the IIS works to foster a global community that can protect and empower society for generations to come. IIS is an affiliate of The Institutes.

About The Institutes

The Institutes are a global not-for-profit comprised of diverse affiliates that educate, elevate, and connect people in the essential disciplines of risk management and insurance. Through products and services offered by The Institutes’ nearly 20 affiliated business units, people and organizations are empowered to help those in need with a focus on understanding, predicting, and preventing losses to create a more resilient world.

The International Insurance Society (IIS) has named Paul Hanratty, Group CEO of Sanlam, the 2025 Vanguard Market Development Award honoree.

The International Insurance Society (IIS) has named Paul Hanratty, Group CEO of Sanlam, the 2025 Vanguard Market Development Award honoree.

NEWARK, Del.--(BUSINESS WIRE)--May 1, 2025--

Citizens for Judicial Fairness (CJF), an advocacy organization committed to promoting transparency and diversity in Delaware’s courts and public leadership, today presented a $10,000 donation to the Food Bank of Delaware to support its ongoing efforts to combat hunger and provide essential services to families in need.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250501791186/en/

The donation underscores CJF’s growing investment in Delaware’s community infrastructure, aligning its mission for judicial and institutional fairness with support for on-the-ground work that fosters resilience and equity.

“In the face of uncertainty brought on by recent federal decisions, I’m incredibly grateful to have community partners like Citizens for Judicial Fairness. Their generous donation to the Food Bank of Delaware helps ensure this vital organization can continue its important work—serving thousands of Delaware families and bringing hope to those who need it most,”said Delaware House Speaker Melissa Minor-Brown.

The event, held at the Food Bank’s Newark facility, brought together elected officials, nonprofit leaders, and community members to celebrate the power of collaboration in advancing equity and access for all Delawareans.

At Citizens for Judicial Fairness, our mission is to promote transparency, accountability, and fairness in leadership—especially within our courts and institutions,” said Jackie Griffith, Executive Director of Citizens for Judicial Fairness. “But lasting change requires more than policy reform; it requires strong, resilient communities. That’s why we’re proud to support the Food Bank of Delaware. Their work not only addresses food insecurity, it helps build the kind of civic strength that empowers people to engage, lead, and demand more representative leadership. A more resilient Delaware is the foundation for a fairer Delaware—and we’re honored to be part of that effort.”

The Food Bank of Delaware serves tens of thousands of residents each year, providing nutritious meals and vital support services while advocating for long-term solutions to hunger and poverty. CJF’s donation will help expand these efforts at a time when demand for food assistance remains high across the state.

“We’re grateful to Citizens for Judicial Fairness for this generous gift,” said Chad Robinson, Vice President of External Affairs at the Food Bank of Delaware. “Tackling food insecurity takes a village —all of us can play a role - nonprofits, the public sector, and private partners. Together, we are working towards a Delaware where no person struggles with how to put food on their table and showing the world how good things happen when we work together.”

This contribution is one of several CJF has made to local organizations in recent months as part of its effort to build momentum for a more inclusive, responsive, and transparent system of governance in Delaware. Earlier this year, CJF also donated $10,000 to the Police Athletic League of Wilmington’s D.I.V.A.S. program, which empowers young women through entrepreneurship, leadership development, and mentoring—further demonstrating CJF’s commitment to uplifting grassroots efforts that create real opportunities for Delawareans.

Citizens for Judicial Fairness Donates $10,000 to Food Bank of Delaware to Support Statewide Fight Against Food Insecurity

Citizens for Judicial Fairness Donates $10,000 to Food Bank of Delaware to Support Statewide Fight Against Food Insecurity

Citizens for Judicial Fairness Donates $10,000 to Food Bank of Delaware to Support Statewide Fight Against Food Insecurity

Citizens for Judicial Fairness Donates $10,000 to Food Bank of Delaware to Support Statewide Fight Against Food Insecurity

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