About Staco Insurance
Staco Insurance is a publicly listed company based in Lagos (Nigeria) founded in 1994. Property and casualty insurance is provided in Nigeria. Staco Insurance offers products and services including Fire/Extraneous Perils Policy, Motor Insurance Policy, Marine Policy, and Group Personal Accident Plan. Its focus areas include Insurance Carriers, Property & Casualty and Diversified. Its legal entity is Staco Insurance Plc. Its competitors include Royal Exchange, SUNU Assurances Nigeria and Guinea Insurance.
Company details
Staco Insurance was established in 1994 as a property and casualty insurance carrier. Operations are based in Lagos, Nigeria, where underwriting and coverage services are managed for various risks including property damage and liability. The company functions within the Nigerian insurance sector, serving clients through standard policies and claims processing. Focus is maintained on regional markets without international expansion noted.
- Headquarters Lagos, Nigeria
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website stacoplc.com
- Social LinkedIn X Facebook
- Legal Name Staco Insurance Plc
Products & Services of Staco Insurance
Staco Insurance offers a comprehensive portfolio of products and services, including Fire/Extraneous Perils Policy, Motor Insurance Policy, Marine Policy, and Group Personal Accident Plan.
Covers risks from fire and related perils for properties.
Provides coverage for motor vehicles against accidents and damages.
Insures goods and vessels against sea transit risks.
Offers protection for individuals against accidental injuries.
People of Staco Insurance
9 people are tracked at Staco Insurance (5 in leadership, 3 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Simon Ejima | Chief Compliance Officer | Leadership |
Olawale Banmore | Managing Director & CEO | Leadership |
Oyenike Nihinola | Executive Director, Technical & Operations | Leadership |
Adebowale Ajayi | CFO | Leadership |
Dipo Olaloku | Head, Retail & Strategy | Leadership |
Talabi Omotola K. | Director | Board & advisors |
Sidi-Aliyu Muhammad | Chairman | Board & advisors |
Emore Helen Ese | Director | Board & advisors |
Idayat Agunbiade | Insurance Professional | Team |
Complete people profiles for Staco Insurance
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IPO & Listings of Staco Insurance
Staco Insurance is a publicly listed company on the NSENG with ticker symbol STACO in Nigeria, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Jan 2010
- Listed onNSENG: STACO
- Listed entityStaco Insurance PLC
- Exchange sectorFinance
- ISINNGSTACO00002
- Share price0.48 NGN · 2026-05-11
- Market capitalisation4,483,722,087.00 NGN
- Analyst consensusNo rating
Competitors of Staco Insurance
Staco Insurance has 3 listed competitors in our database. They include Royal Exchange, SUNU Assurances Nigeria and Guinea Insurance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| royalexchangeplc.com | 1720 | Lagos, Nigeria | Property and casualty insurance is provided by Royal Exchange. | |||
| sunuassurancesnigeria.com | 1998 | Lagos, Nigeria | Property and casualty insurance is offered in Nigeria. | |||
| guineainsurance.com | 1948 | Lagos, Nigeria | Diversified property and casualty insurance is offered in Nigeria. |
Detailed competitors of Staco Insurance
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Web traffic of Staco Insurance
Websites that share an audience with Staco Insurance (stacoplc.com).
Websites whose visitors overlap most with Staco Insurance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paynetsecure.net | 100% | View details | |||
intermax.co.jp | intermax.co.jp | 87% | #1,819,207 | – |
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Related news about Staco Insurance
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Frequently Asked Questions about Staco Insurance
Staco Insurance was founded in 1994.
Staco Insurance is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Staco Insurance was established in 1994 as a property and casualty insurance carrier. Operations are based in Lagos, Nigeria, where underwriting and coverage services are managed for various risks including property damage and liability. The company functions within the Nigerian insurance sector, serving clients through standard policies and claims processing. Focus is maintained on regional markets without international expansion noted.
Staco Insurance's top competitors include Royal Exchange, SUNU Assurances Nigeria and Guinea Insurance.
Staco Insurance offers Fire/Extraneous Perils Policy, Motor Insurance Policy, Marine Policy, and Group Personal Accident Plan.
Yes, Staco Insurance is publicly traded on NSENG under the ticker symbol STACO.
Staco Insurance operates through Staco Insurance Plc.