Our History

 

Key Milestones
1979 * LASACO Assurance Plc was incorporated on 20th December 1979 under the Companies Decree of 1968.
1980 * Granted License 7th July 1980.
* Commenced operations on 1st August 1980 with an authorized and fully paid-up share capital of N500,000.00
1988

Changed name to LASACO Assurance Plc in July 1988 in compliance with Decree No. 25 of 1988

1991 * LASACO became a Public Limited Liability Company (Plc) in 1991.
2007 * Recapitalization in 2007 to transact Life & Non-Life with Assets of N8.26b.
* LASACO Life Ltd with a capital base of N2b.
* LASACO Properties Ltd.
2008 * Transformation & Growth Strategy (TAGS) 2007/2008.
* Insurance System (IES)/”LASACO Global” installed in 2008/2009.
* HR/APRS/SP
2012 * ISO 9001:2008 CERTIFIED
2013 * Re-engineered Customer Service Unit.
* New Product Line: Annuity & Travel Health Insurance.
Authorised and Regulated by the National Insurance Commission (RIC 023)