Insights

Strong Financial Base Sovereign Trust Insurance boasts a robust financial position with a fully paid-up capital of over N2.5 billion and shareholders' funds exceeding N4 billion, indicating stability and capacity for large-scale insurance offerings.

Market Recognition The company has received multiple awards, including the Enactus Catalyst Award and Most Outstanding Auto Insurance Company, highlighting its reputation for excellence and potential appeal to clients seeking reputable insurers.

Leadership Transition Recent leadership changes, such as the appointment of a new Chairman, suggest opportunities for engaging with top management on strategic initiatives and upcoming corporate developments.

Expanding Presence With a nationwide branch network and active participation in industry events like the AIO conference and golf tournaments, the company demonstrates a commitment to market expansion and community engagement, opening avenues for localized sales strategies.

Focus on Innovation and Social Responsibility The company's recognition with awards and strong support for platforms like Enactus Nigeria indicates an innovative and socially responsible brand, appealing to clients who value sustainable and community-focused business partners.

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Sovereign Trust Insurance Plc Tech Stack

Sovereign Trust Insurance Plc uses 8 technology products and services including MySQL, Font Awesome, MixItUp, and more. Explore Sovereign Trust Insurance Plc's tech stack below.

  • MySQL
    Database
  • Font Awesome
    Font Scripts
  • MixItUp
    Javascript Frameworks
  • Modernizr
    Javascript Libraries
  • parallax.js
    Javascript Libraries
  • Ubuntu
    Operating Systems
  • reCAPTCHA
    Security
  • Twitter
    Widgets

Media & News

Sovereign Trust Insurance Plc's Email Address Formats

Sovereign Trust Insurance Plc uses at least 1 format(s):
Sovereign Trust Insurance Plc Email FormatsExamplePercentage
First.Last@stiplc.comJohn.Doe@stiplc.com
50%
First.Last@stiplc.comJohn.Doe@stiplc.com
50%

Frequently Asked Questions

Where is Sovereign Trust Insurance Plc's headquarters located?

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Sovereign Trust Insurance Plc's main headquarters is located at Victoria Island, Lagos, Lagos, NG. The company has employees across 3 continents, including AfricaEuropeNorth America.

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.

What is Sovereign Trust Insurance Plc's NAICS code?

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Sovereign Trust Insurance Plc's 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 November 2025, Sovereign Trust Insurance Plc has approximately 201 employees across 3 continents, including AfricaEuropeNorth America. Key team members include Head Of It And Infrastructure: A. A.Head Strategy & Corporate Planning: S. M.Head Of Human Resources: A. O.. 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 MySQLFont AwesomeMixItUpModernizrparallax.jsUbuntureCAPTCHATwitter.

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

InsuranceNigeria201-500 Employees

Sovereign Trust Insurance Plc commenced business in January 1995 with an authorized share capital of N30 million and a fully paid-up capital of N20 million following the acquisition and recapitalization of the then Grand Union Assurances Limited.

Presently, our authorized share capital is N3.5Billion divided into 7 billion units of 50 kobo per share. We have a fully paid-up capital of over N2.5 Billion and Shareholders' funds of over N4 Billion. The ownership of the company is made up of diverse shareholders from different walks of life. 

We operate currently through a network of branches Nationwide with our Head Office on Victoria Island, Lagos. The company is licensed as an insurer by the Federal Government with authority to underwrite all classes of Non-Life business.

Section iconCompany Overview

Headquarters
Victoria Island, Lagos, Lagos, NG
Phone number
Website
stiplc.com
NAICS Code
524 - Insurance Carriers and Related Activities
Founded
1995
Employees
201-500

Section iconFunding & Financials

  • $25M$50M

    Sovereign Trust Insurance Plc's revenue is estimated to be in the range of $25M$50M

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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