Mutual Benefits Assurance Company Description
Mutual Benefits Assurance Plc, together with its subsidiaries, engages in the general and life insurance underwriting, risk management, financial services, microfinance banking, and real estate activities in Nigeria, Liberia, and Niger Republic.
It operates through three segments: Assurance Business, Real Estate, and Microfinance Banking. The company’s general insurance products include fire and special perils, burglary/housebreaking, householder/house-owner comprehensive, marine cargo, marine hull, motor, goods-in-transit, all risk insurance, contractors all risks, erection all risks, plant all risks, machinery breakdown, money, professional indemnity, fidelity guarantee, public liability, personal accident, bond, aviation, and oil and gas insurance products.
It also offers life insurance products comprising term assurance, keyman assurance, credit life assurance, mortgage protection, anticipated endowment assurance, and whole life assurance policies; mutual education guarantee assurance; mutual education endowment, individual savings and protection, personal pension and investment, micro personal pension and investment, and mutual dignity plans; mutual school fee guarantee scheme, mutual multilife shield, and group life assurance products.
In addition, the company protects customers assets and indemnification of other parties; and provides real estate development and risk management services, as well as retails and microfinance banking services.
It serves individual and corporate customers through a network of brokers, agencies, and direct marketing programs.
The company was incorporated in 1995 and is headquartered in Lagos, Nigeria.
Country | Nigeria |
Founded | 1995 |
Industry | Insurance Carriers |
Employees | 342 |
CEO | Olufemi Asenuga |
Contact Details
Address: Aret Adams House Lagos Nigeria | |
Phone | 234 905 464 4444 |
Website | mutualng.com |
Stock Details
Ticker Symbol | MBENEFIT |
Exchange | Nigerian Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | NGN |
SIC Code | 6300 |
Key Executives
Name | Position |
---|---|
Olufemi Asenuga | Chief Executive Officer |
Ogunwo Ayodeji | Chief Financial Officer |
Adebiyi Ashiru-Mobolaji | Chief Operating Officer |