Insights

Digital Expansion The company has a modern tech stack (WordPress, Microsoft 365, Azure AD, LiveChat, WhatsApp Business) and a growing digital presence which presents opportunities for insured tech infrastructure, cybersecurity, and cloud-related risk coverage.

Capital Growth Recent rights issue and external financing indicate strong capital planning and growth trajectory, suggesting potential for tailored commercial insurance products, asset security solutions, and financial risk coverage to support expansion.

Motor & Auto Launch of Enhanced Third-Party Motor Insurance and partnerships around car insurance point to cross-sell opportunities in auto risk, maintenance packages, and partner-led distribution channels.

Field Footprint Nationwide branch network and active field operations imply demand for regional specialty coverages, local broker collaborations, and field-based claims handling services to improve turnaround times.

Strategic Partnerships Recent collaborations with MyCoverGenius and Fedfire signal openness to insurtech partnerships and risk-sharing models, indicating opportunities for API-enabled underwriting, reinsurance, and product bundling.

Similar companies to sovereign-trust-insurance-plc

sovereign-trust-insurance-plc Tech Stack

sovereign-trust-insurance-plc uses 8 technology products and services including cdnjs, WordPress, Microsoft 365, and more. Explore sovereign-trust-insurance-plc's tech stack below.

Media & News

sovereign-trust-insurance-plc's Email Address Formats

sovereign-trust-insurance-plc uses at least 1 email format:
sovereign-trust-insurance-plc Email FormatsExamplePercentage
First.Last@stiplc.comJohn.Doe@stiplc.com
100%

Frequently Asked Questions

What is sovereign-trust-insurance-plc's phone number?

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You can contact sovereign-trust-insurance-plc's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is sovereign-trust-insurance-plc's official website and social media links?

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sovereign-trust-insurance-plc's official website is stiplc.com and has social profiles on LinkedIn.

How much revenue does sovereign-trust-insurance-plc generate?

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As of October 2026, sovereign-trust-insurance-plc's annual revenue is estimated to be $25M - $50M.

What is sovereign-trust-insurance-plc's SIC code and NAICS code?

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sovereign-trust-insurance-plc's SIC code is 6411 - Insurance Agents, Brokers, and Service and NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does sovereign-trust-insurance-plc have currently?

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As of October 2026, sovereign-trust-insurance-plc has approximately 123 employees across 3 continents, including Africa, Europe and North America. Key team members include Head Of It And Infrastructure: A. A., Head Of Human Resources: A. O. M. and Head Of Department - Car / Engineering Insurance: K. A. S. Explore sovereign-trust-insurance-plc's employee directory with LeadIQ.

What industry does sovereign-trust-insurance-plc belong to?

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sovereign-trust-insurance-plc operates in the Insurance industry.

What technology does sovereign-trust-insurance-plc use?

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sovereign-trust-insurance-plc's tech stack includes cdnjs, WordPress, Microsoft 365, Azure Active Directory, LiveChat, WhatsApp Business, DigitalOcean Web Hosting and Apache.

What is sovereign-trust-insurance-plc's email format?

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sovereign-trust-insurance-plc's email format typically follows the pattern of First.Last@stiplc.com. Find more sovereign-trust-insurance-plc email formats with LeadIQ.

When was sovereign-trust-insurance-plc founded?

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sovereign-trust-insurance-plc was founded in 1995.
sovereign-trust-insurance-plc logo

sovereign-trust-insurance-plc

InsuranceLagos, Nigeria51-200 Employees

Sovereign Trust Insurance Plc is a Nigerian non-life insurer headquartered in Lagos. The company began operations in 1995 after acquiring and recapitalizing Grand Union Assurances Limited. It maintains a substantial authorized capital and a broad shareholder base, supporting an expansive footprint across the country. Its head office is on Victoria Island, Lagos, and it operates a nationwide network of branches under a federal license to underwrite all classes of non-life insurance. The insurer offers non-life insurance products to individuals and businesses, addressing protection against various non-life risks through its nationwide presence. In January 2026, Dr. Lucas Durojaiye was appointed as Managing Director and Chief Executive Officer, following approvals by the board and the National Insurance Commission (NAICOM).

Section iconCompany Overview

Phone number
Website
stiplc.com
SIC Code
6411 - Insurance Agents, Brokers, and Service
NAICS Code
524 - Insurance Carriers and Related Activities
Founded
1995
Employees
51-200

Section iconFunding & Financials

  • $25M - $50M

    sovereign-trust-insurance-plc's revenue is estimated to be in the range of $25M - $50M

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