Lasaco Assurance Plc has settled insurance claims and benefits totaling N2.417 billion in 2013. This represents an increase of N1.05 billion over the corresponding amounts settled in the year 2013.

In a statement, the company said that the move is part of the resolve to meet its obligations to its customers as a credible and reputable insurance conglomerate and strategic goal to focus on prompts claims settlement in line with core values of integrity, responsiveness and transparency.

Managing Director of Lasaco, Mr. Olusola Ladipo-Ajayi said it is part of the organisation’s vision to ensure customer satisfaction and increase its market share and penetration, adding that it is also a customer centric policy consistently focuses on meeting the expectations of clients while adhering to ethical standards.

Ladipo-Ajayi said, “One of the areas we have distinguished ourselves over the years is in the area of prompt claims settlements. We have remained consistent through a dynamic and proactive structure put in place to meet the expectations of our growing clientele.

Ladipo-Ajayi said with deployment of ICT tools, Lasaco is poised to deliver superior value to its numerous clientele across the key sectors of the economy.

He said it is the vision of the company to continue as a market leader in insurance and financial services industry in Nigeria.