Sovereign Trust Insurance Plc has once again re-stated its resolve to always aim at optimal corporate performance in other to meet and surpass the expectations of its numerous stakeholders. The issue came to the front burner at the New Year interactive forum with Staff of the organisation held at the company’s Corporate Head office located in Victoria Island, Lagos.
While delivering the new year’s charge to members of Staff, The Managing Director, Mr Wale Onaolapo stated “We have resolved at the Management and Board Level to stop at nothing short of the best in 2009 and beyond, You will all agree with me that 2008 was a tough year, but despite all the challenges, we proved that we still have all it takes to be an organisation to reckon with in the insurance industry as of today” he continued, “we have therefore resolved to ride on the opportunities provided in 2008, and to greatly consolidate on it this year and come out with superlative results at the end of the day”.
Stating further, Onaolapo said “We want to be the number one in everything we do and thereby remain outstanding in every ramification. We want our shareholders and investors to get optimal return on their investments, we want our staff to enjoy the best of welfare packages while at the same time strive to be socially responsible by giving back to the society in our own little way.
The Managing Director emphasized the fact that the company will continually operate under the ambience of the law and the rules and regulations governing the industry in Nigeria. In other words, “we want all our stakeholders to be happy and be proud of their company”.
According to Onaolapo, in the bid to remain a major player in the industry, the organisation has consistently beefed up its staff strength; hence STI parades one of the best assemblage of Professionals from varied fields in the industry. “We have a vibrant and well motivated workforce” He said.
Despite the biting Global financial meltdown; Sovereign Trust Insurance Plc has been able to maintain its impressive performance. The financials in terms of the Gross premium and Profit have been on the upward swing. The company has also not been found wanting in the area of prompt claim payment.