LASACO Assurance Plc has said it is making the insuring public to have easy access to insurance policies through the effective deployment of world-class Information and Communications Technology platform.
The Managing Director, LASACO Assurance, Mr. Olusola Ladipo-Ajayi, said the firm also deployed effective and efficient Enterprise Resource Planning to achieve the goal.
The deployment of this technology, he noted, would help policyholders to access online quote system and supply relevant information which could be processed real time.
“These proposals are then uploaded, stored, and referenced on demand. Status of these proposals are monitored by the system and transferred to active policies once the terms and conditions are concluded,” the firm said.
According to him, this process will help claimants notify the firm of their claims on real time basis, thereby ensuring reduction of time for claims process cycle and prompt settlement of genuine claims.
The insurer said LASACO Assurance prided itself as an ethical company in the industry, with good corporate governance structure.
He said, “We have good corporate governance and we remain ethical. We are looking at maintaining the reputation that we have built over the years.”
Ladipo-Ajayi reaffirmed his organisation’s commitment to exceptional service delivery.
According to him, the creative, pro-active and flexible nature of the organisation gives it the impetus to consistently surpass the numerous and diverse customer expectations while also ensuring strict compliance to regulatory requirements.
“Through its strategic growth, LASACO has maintained a consistent focus on excellence. We are poised as an organisation to achieve a seamless transformation in all aspects of our operations and service delivery,” he said.
LASACO Assurance is one of the insurance companies in the country licensed to underwrite both life and non-life policies.