Insurer aims to sustain growth, pledges best practices | The Guardian Nigeria News - Nigeria and World News

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As part of its strategies to sustain growth, LASACO Assurance Plc has pledged to uphold best industry practices and policies in all its operations.

Chairman of Lasaco Assurance Plc, Mrs. Teju Philips, made the pledge at the 42nd Annual General Meeting of the company in Lagos.

She equally assured customers and shareholders of improved performances next year, stressing that the firm would surpass its current performances through the implementation of best practice policies, digital upscaling, process strengthening and customer experience rejuvenation “Our investment diversification strategy is yielding tremendous results, and we plan to diversify further to gain maximum return.”

Philips further disclosed that the total assets of the organisation grew from N20.53b last year to N23.96b this year, a 17 per cent increase, while shareholders’ fund increased sharply by 45 per cent from N7.80b in 2020 to N11.31b in 2021.

 

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