Sovereign Trust Insurance Plc commenced business in January 1995 following the restructuring and recapitalization of the then Grand Union assurances Limited. We operate currently through a network of branches Nationwide with our Head Office on 17, Adetokunbo Ademola Street, VI, Lagos. The company is licensed as an insurer by the Federal Government with authority to underwrite all Classes of Non-Life business. Currently our authorized share capital is N5.25Billion divided into 10.5 billion units of 50 kobo per share. We have a fully paid-up capital and Shareholders' funds of over N3.4 Billion. The ownership of the company is made up of diverse shareholders from different walks of life.
Protect Against Loss or Damage to Insured Aircraft.
Protect Portable and Valuable items such as Jeweler and Electronics.
Indemnify Against Loss or Damage from Theft by Force.
Business Interruption Insurance. Protect against Loss of Productive Capacity.
Protect Against Damage or Liability Incurred on Specific Construction Project.
Protect Against Loss of Computers; Accessories and External Media Devices.
Protect Against Various Types Of Risks.
Protect Corporate Loss of Money or Valuable Stock.
Protect Against Loss/Damage to Property as a Result of Fire outbreak.
Covers All Goods Being Carried from One Location to another.
Broad Coverage. Includes Extraneous Peril Including Fire and Theft.
Protect Against Damage to Plant or Equipment.
Indemnify Against Loss or Damage to Goods Being Conveyed by Sea or Air.
Indemnify Against Loss/Damage/Liability Arising From Use of Yachts and Vessels.
Protect Against Loss of Cash In Transit.
Minimum Government Mandated Third Party Motor Insurance.
Covers all Oil and Gas and Energy Operations and Assets.
Protect Against Plant and Property.
Covers insured Legal Liability for Bodily Injury or Against Material Property.
Protects Against Workers Injury in the Course of their Duties.