Nigeria
About Sovereign Trust Insurance Plc
Sovereign Trust Insurance Plc is a leading provider of non-life and special risk insurance services in Nigeria. The company offers a diverse range of insurance products tailored to meet the needs of individuals and businesses.
Insurance Products & Services
- Motor Insurance: Comprehensive coverage for vehicles.
- Family Wellbeing Insurance: Protection for families against unforeseen risks.
- Marine Cargo & Hull Insurance: Coverage for goods and vessels in transit.
- Travel Insurance: Safeguarding travelers against unexpected events.
- All Risk Insurance: Broad protection for valuable assets.
- Aviation Insurance: Coverage for aircraft and related liabilities.
- Burglary & Housebreaking Insurance: Protection against theft and property damage.
- Consequential Loss Insurance: Coverage for business interruptions.
- Contractors & Erection All Risk Insurance: Protection for construction projects.
- Electronic Equipment Insurance: Safeguarding tech assets.
- Fidelity Guarantee Insurance: Coverage against employee dishonesty.
- Fire & Extraneous Perils Insurance: Protection against fire and related risks.
- Goods in Transit Insurance: Coverage for transported goods.
- Healthcare Indemnity Insurance: Medical liability protection.
- Householder & House Owner Insurance: Coverage for residential properties.
- Machinery Breakdown Insurance: Protection for industrial equipment.
- Money Insurance: Safeguarding cash and valuables.
- Oil & Gas Insurance: Specialized coverage for the energy sector.
- Personal/Group Accident Insurance: Protection against accidental injuries.
- Plant All Risk Insurance: Comprehensive coverage for industrial plants.
- Professional Indemnity Insurance: Liability protection for professionals.
- Workmen’s Compensation Insurance: Coverage for workplace injuries.
- Liability Insurance: Includes Builder’s, Public, Product, and Occupiers Liability.
Company Background
Originally established as Grand Union Assurances Limited, the company rebranded to Sovereign Trust Insurance Plc in January 1995. Founded in 1980, the company is headquartered in Lagos, Nigeria, and has built a strong reputation for reliability and customer-focused services.