STACO Insurance Company Description

STACO Insurance Plc provides general insurance products and services to retail and corporate customers in Nigeria.

It offers accident insurance products, including fidelity guarantee, professional indemnity, good-in-transit, employer liability, burglary, public liability, and group/personal accident; transportation insurance products, such as motor, marine hull and cargo, and aviation; fire and bond insurance products comprising fire and special perils, all risks, engineering, and bond; and energy and special risks insurance products consisting of oil and gas, and pollution liability.

The company also provides customized products comprising personal protection plan and homeowners’ insurance.

The company was formerly known as Standard Trust Assurance Plc and changed its name to STACO Insurance Plc in October 2006.

STACO Insurance Plc was incorporated in 1991 and is based in Lagos, Nigeria.

STACO Insurance Plc

Country	Nigeria
Founded	1991
Industry	Insurance Carriers
Employees	363
CEO	Olawale Banmore

Contact Details

Address: 209, Herbert Macaulay Way Lagos Nigeria
Phone	234 81 6065 4035
Website	stacoplc.com

Stock Details

Ticker Symbol	STACO
Exchange	Nigerian Stock Exchange
Fiscal Year	January - December
Reporting Currency	NGN
SIC Code	6300

Key Executives

Name	Position
Olawale Banmore	Chief Executive Officer
Adebowale Ajayi	Chief Financial Officer
Oyenike Nihinlola	Chief Operating Officer