Ogunbiyi Assures on Mutual Benefit’s Contribution to Economic Growth

Ebere Nwoji

The Chairman, Mutual Benefit Assurance Plc, Dr Akin Ogunbiyi, has assured that the underwriting firm would  continue to contribute its quota towards moving Nigeria’s economy forward .

Ogunbiyi said this at the firm’s 28th annual thanksgiving ceremony,held in  in Lagos, adding that the underwriting firm definitely has solutions to challenging problems.

He said 2023, was indeed pivotal in the history of the organisation, noting that with the help of the Almighty God, it scaled through  formidable hurdles and mighty obstacles, as the One who epitomises ultimate power helped the firm.

“We have rebounded. Today, we are healthier and better. I want to assure you that we have indeed started this year, 2024, on the impressive note of tremendous progress and rejuvenated energy.

“On behalf of myself and my dear wife, I am here today to say thank you, first and foremost to the Almighty GOD and then, to my colleagues on the board, the management and of course, my real family members, respected staff members of Mutual Benefits Assurance Plc and their families,” he said.

Ogunbiyi submitted that when the firm’s resilience was tested, the purpose of the organisation, defined them, faith in God kept them, hope and reliance on dedicated and committed team members gave them confidence.

He said the outcome of the firm’s absolute dependence on the Most High GOD is that He will continue to lead it, teach the management and direct them, continue to defend them, show them mercy and always bless them.

He noted that unlike most companies, Mutual Benefits Assurance always go the extra mile for its customers. “We are very mindful of the high inflation in our economy and its effects on the lives and livelihood of our dear customers. It is a fact that consumers are indeed feeling the pinch but Mutual Benefits will always make sure they have value for the purchases of our highly beneficial insurance services and allied products,” he posited.

Continuing, Ogunbiyi said: “Customers should know that we provide value options at different premium levels to enable you choose the most appealing and affordable. For instance, for vehicle insurance, we have different premium levels for the third party, the third party-plus and of course, the comprehensive insurance policy. We have differentiating offerings in each category and therefore fix premiums that will resonate with each segment.

Mutual Benefits’ customers are very important partners and so, from time to time, we even absorb some costs on packages with appreciable discounted anchor prices. Our company has been distinguishing itself with services that are of immense beneficial values and that was why we were deservedly adjudged Africa’s Most Innovative Company by the African Reinsurance Corporation.”