Lasaco Assurance Pledges Improved Investment Returns To Shareholders

Lasaco Assurance Plc has promised its shareholders of improved investment returns in its 2022 financial year and a continued tradition of paying genuine claims as at when due.

Speaking at the 2022 End of the Year/Grand Gala Party in Ikeja, Lagos, at the weekend, the managing director/CEO, Razzaq Abiodun, who applauded the firm’s stakeholders for a successful business year said LASACO excelled despite the turbulent and harsh operating environment.

Abiodun said, “The business environment has been challenging, coming from the backdrop of Covid-19 and inflation that is already affecting how Nigerians priortise their needs."

Stressing that 2023, will be a better year, he added, "The issue facing the industry now is lack of awareness.

"There has been tremendous improvement in this, both from the regulator and operators.

"So, with the influx of technology, within the next two to three years, the level of growth you have seen in other sectors would be replicated in insurance industry,” he pointed out.