Lasaco Assurance PLC is a Nigeria-based company engaged in the insurance business. The Company transacts all classes of insurance businesses, which include motor, bond, engineering, fire, burglary and house-break in, marine and aviation, oil and energy, money, liability, individual and group life, pension schemes, among others. It operates through a network of agents, brokers and branch offices in 13 locations of Nigeria.
LASACO Assurance Plc is a composite insurance and financial services company incorporated on 20th of December 1979 under the Companies Decree of 1968. The Company, then known as Lagos State Assurance Company Limited obtained License as an Insurer on 7th July 1980 and commenced business operations on 1st of August 1980.
With the vast opportunities presented by increased capitalization for business expansion and growth, LASACO became a Public Liability Company in 1991 when its Shares were admitted for the first time to the Nigerian Stock Exchange (NSE) through listing by Introduction. Now in its third decade, LASACO has grown considerably in size, business coverage, profits, capital base and assets with its operations spanning all classes of the Insurance and Special Risks business, high impact financial services and Real Estate. The Company’s businesses are conducted through a network of thirteen regional and branch offices spread across Nigeria, administered by well qualified, experienced and dedicated personnel.