Claims Payment, Innovation Propel LASACO Assurance To ‘A’ Rating

Prompt claims payment, innovation. professional discipline, customer relations, among others, have propelled LASACO Assurance Plc to maintain A(NG) performance rating in the latest GCR rating. 

The company, which hit the ‘stable outlook’ standard in the last performance assessment of the rating agency, maintained the coveted feat, which signifies LASACO  Assurance’s robust financial strength, competitive position, and improved financial profile.

This feat, the insurer said, reflects the company’s effective management of its financial resources and competitive professional muscle.

It also stressed that, this reinforced the company’s creativity and commitment to long-term growth and sustainability, providing reassurance to investors, stakeholders, and customers.

“Lasaco Assurance Plc has effectively managed its financial resources and demonstrated a strong competitive stance that has made it a force to reckon with in the industry. 

“The company has also prioritised its claims settlement to customers and made significant progress in enhancing its financial performance,” it pointed out.