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 companyâ€™s capital base is in excess of six billion Naira. Our strength lies in our passion for high standards and prompt claims settlement.
Expand our ability to cross sell
Add real and genuine value to our customerâ€™s needs, particularly our claims settlement
Extend the penetration of our existing product and services
Develop at least one conspicuously different product each year
Retain and enhance our clientâ€™s base