Lasaco Assurance Plc
InsuranceLagos, Nigeria201-500 Employees
Lasaco Assurance Plc operates in the Nigerian insurance market, providing general non-life coverage and owning a wholly owned subsidiary that offers life assurance. It is registered with NAICOM to operate across all general insurance lines, serving Nigerian clients seeking protection for property and related risks. The company is based in Lagos and describes its goal as delivering long-term value to stakeholders through a capable workforce and the use of contemporary tools and technology. It also positions itself as a potential leader in insurance and financial services within Nigeria, aiming to build a durable brand and steady stakeholder value. In February 2026, Lasaco appointed Ademoye Shobo as managing director and chief executive officer, with the appointment effective February 6, 2026. The organization is mid-sized, with a workforce in the low hundreds.