LAGOS, NOVEMBER 6, 2017 – Mutual Benefit Assurance Plc is set to raise additional capital of N2 billion through rights issue this month, its Managing Director, Segun Omosehin, has said.
He made this known at a dinner by both Mutual Benefits Assurance Plc and its subsidiary- Mutual Benefits Life Assurance Ltd, in honour of their clients in Lagos.
The N2 billion to be realised, he said, will enable the company to beef up its operations, give the it a better standing in the market and make it remain a big player in the Nigeria and Africa insurance markets.
On innovation, he said Mutual Benefits is an unconventional company, which thrives more on innovation, adding that it wants to do things that are not the norms of the market.
He said the company is open to new ideas and innovations that can help improve the market and the company’s bottom line.
He disclosed that the firm will soon create a portal for insurance brokers and its partners across the country to ensure better customer service delivery.
The portal, he said, will enable its partners log in and transact all forms of life and general insurance business without necessarily coming to their office.