• Saturday, May 18, 2024
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BusinessDay

LASACO Assurance settles N2.4bn on claims

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Underwriting firm, LASACO Assurance plc has settled insurance claims and benefits totaling N2.417 billion in the 2013. This represents an increase of N1.05 billion over previous year’s figure.

This, according to the company, is part of its resolve to meet her obligations to its customers who continue to rely on the insurance conglomerate as dependable ally.

“It is part of our strategic goal to focus on prompts claims settlement in line with our core values of integrity, responsiveness and transparency. It is also a customer-centric policy that consistently focuses on meeting the expectations of our clients while adhering to ethical standards,” according to Olusola Ladipo-Ajayi, managing director of LASACO Assurance, saying it was part of the organisation’s vision to ensure customer satisfaction and deepen increase in its market share and penetration.

He noted further that “one of the areas we have distinguished ourselves over the years is in the area of prompt claims settlements. We have remained consistent through a dynamic and proactive structure put in place to meet the expectations of our growing clientele.

Ladipo-Ajayi said with deployment of ICT tools, LASACO was poised to deliver superior value to her numerous clienteles across the key sectors of the economy, as “it is the vision of the company to continue as a market leader in insurance and financial services industry in Nigeria.”

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