Staco Insurance PLC Information

STACO Insurance Plc emerged in July 1994 as a result of discreet acquisition and restructuring carried out on Alpha Insurance Plc. It was incorporated in Nigeria with RC. No. 167274 on 10th October 1991 and subsequently licensed to transact all classes of Insurance business with Registration No. RI 135 and RI 135L on 1st October 1994. The company under the new name commenced General Insurance Business and Special Risks with registration No. RIC-038. Owned by Nigerians who have distinguished themselves in their various business endeavours and manned by seasoned professionals who have proven integrity in the Nigerian Insurance Industry. The company’s capital base is in excess of six billion Naira. Our strength lies in our passion for high standards and prompt claims settlement. We are poised to be a world class provider of insurance and other financial services. Such that the delivery is of integral benefit to all stakeholders. Core Values -Professionalism -Team Work -Integrity -Empathy -Customer Satisfaction -Social Responsibility Strategic Objectives Staco seeks to: -Retain and enhance our client’s base -Expand our ability to cross sell -Add real and genuine value to our customer’s needs, particularly our claims settlement -Extend the penetration of our existing product and services -Develop at least one conspicuously different product each year -Social Responsibility Differentiating Competences -Flexibility -Excellent Services -Originality -Relationship Management -Good Leadership