Agriculture Insurance: Lasaco Assurance Woos Ministry

Leading insurance policies’ company, Lasaco Assurance has stated its commitment to delivering customer-centric insurance products that respond to the real challenges faced by everyday Nigerians.

This scheme would also reach those in the agricultural sector.

The company stated this resolve in a statement on Sunday, amidst in the course of a visit to the Minister of State for Agriculture and Food Security, Senator Aliyu Abdullahi.

The visit was led by Lasaco Assurance Managing Director/Chief Executive Officer, Mr. Razzaq Abiodun, supported by key executive team members.

The Lasaco Assurance delegation emphasised its mission to deliver accessible, customer-centric insurance products that respond to the real challenges faced by everyday Nigerians, including those in the agricultural sector.

It said the visit was a reflection of “its forward-thinking approach, proactively aligning services with national priorities while keeping the interests of the customers at the core. This served as an act of commitment to bridging protection gaps, building trust at the grassroots, and supporting the future of agriculture in Nigeria.

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“As Lasaco Assurance Plc expands its footprint in the agric-insurance space, it remains dedicated to building solutions that empower individuals, strengthen cooperatives, and support the long-term growth of Nigeria’s agricultural sector.”

The Minister welcomed the initiative and recognised its potential to complement government efforts in driving food security, rural development, and economic resilience.

The statement said that the visit also served as an opportunity to explore public-private partnerships that could support the broader goals of agricultural transformation in Nigeria.