STACO simplifies premium payment

STACO Insurance Plc has embarked on a strategic partnership with Paystack, an online payment high-tech company in her quest to delight her numerous customers and make payment for business transaction easier.

Staco is an underwriting firm licensed to provide general insurance and special risks. Paystack on the other hand is a technology outfit solving payment problem for ambitious business ventures with a mission to help business become more profitable while making it easy for business to accept secure payments from multiple online channels. The Head, Corporate Communications, Dr. Tunde Odeyemi, in a statement made available to reporters, explained that the strategic alliance with Paystack will enable STACO Insurance numerous customers to transact business and pay for insurance premium at the comfort of their homes or offices. According to him, this is a testament to STACO’s strategic objectives of adding real value to customers’ needs particularly in the area of payment and extending the penetration of insurance services so as to enhance the fulfilment of the of the company’s vision of providing a world-class insurance.

He pointed out that STACO had before now, secured the approval of National Insurance Commission to deploy e-platform portal for the purchase of third party Motor and Personal Protection Plan (PPP) Insurance policies.

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