Lasaco Assurance to Redefine Insurance Sector

Lasaco Assurance Plc has said that it would redefine the insurance landscape by embracing advanced digital transformation and enhancing its  technological infrastructure. 

The company presenting its unaudited financial report for Q3 2024 said its strategic investments in capacity building and process optimisation, along with collaborative partnerships, has positioned it  to meet the evolving needs of its  clients effectively. 

“We remain committed to sustainable growth through eco-friendly practices and active support for the socio-economic development of the communities we serve”, the statement said.

Presenting its financial performance report for the period under review, Lasaco Assurance  said  it grew its insurance revenue by 36 percent,  adding that it would continue to demonstrate resilience and strategic foresight as it navigates 2024 with remarkable financial performance. 

The underwriting firm said it has strong growth across core areas.

According to the underwriting  firm, it is currently positioning itself better in Nigeria’s insurance sector, adding that despite  the challenges of a dynamic economic environment, Lasaco Assurance has not only expanded its revenue streams but has also structured its operations to support long-term growth and shareholder value.