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Chuks Udo Okunta
The Chairman of the company, Dr. Akin Ogunbiyi, has assured that Mutual Benefities Assurance Plc will always be in the driver’s seat in genuine efforts to move the Nigerian economy forward despite various obstacles.
He said this at the company’s 28th annual thanksgiving event, yesterday in Lagos, adding that the underwriting company certainly has solutions to difficult problems.
He stressed that last year, 2023, was indeed pivotal in the organization’s history, noting that with the help of God Almighty, it overcame enormous obstacles and enormous obstacles, as it was helped by those who embody absolute power.
“We have rebounded. Today we are healthier and better. I want to assure you that we have already started this year, 2024, on an impressive note of tremendous progress and renewed energy.
“On behalf of myself and my dear wife, I am here today to say thanks to Almighty God first and foremost and then to my colleagues in the Board of Directors, management and of course my true family members and esteemed employees.” “From the Mutual Benefits Guarantee Company and their families,” he said.
Dr. Ogunbiyi reported that when the company’s resilience was tested, the purpose of the organization, defined by it, maintained by faith in God, hope and reliance on dedicated and committed team members gave them confidence.
“In the same way, Aaron and Hur lifted up Moses’ hands when they were heavy, and “the members of my party lifted up my hands” and we were victorious.
“Whenever I think about 2023, I am proud of Mutual Benefits’ ingenuity and ability to effectively solve problems and make smart decisions.
He added: “We are change makers and are always ready to break through glass ceilings to inspire, empower and connect with our customers in order to deliver highly meaningful values.”
He said that the result of the company’s absolute dependence on God Almighty is that He continues to lead it, teach its management, guide them, and continue to defend them, have mercy on them, and bless them always.
He assumed that unlike most companies, Ensuring Mutual Benefits always goes the extra mile for its customers. “We are fully aware of the rising inflation in our economy and its impacts on the lives and livelihood of our dear customers. It is a fact that consumers are already feeling the pinch, but the mutual benefits will always make sure that they have value for their purchases of highly beneficial insurance services and associated products.
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Dr. Ogunbiyi continued: “Customers should know that we offer value options at different premium levels to enable you to choose the most attractive and affordable. For example, for motor insurance, we have different premium levels for third party, third party excess and of course comprehensive insurance policy. We have different offerings in each category and therefore determine which premiums will resonate with each segment.
Mutual Benefits customers are very valuable partners, so from time to time we absorb some costs on packages with significantly reduced base rates.
“Our company has distinguished itself by services with tremendous beneficial value, which is why we were named the most innovative company in Africa by the African Reinsurance Corporation.
“We will always be at the forefront in doing our best and transparently communicating the intrinsic and extrinsic values of our offerings,” he said.
He said the company will continue to capitalize on what it does best, which is turning great ideas into meaningful values for our customers, employees and other valued stakeholders.
He said: We are a group of companies with an inexhaustible drive for excellence that is sustained through creativity and transformative innovation.
He said that the company formulates its values in terms of entrepreneurship, works hard and also listens carefully (with due diligence) to market dynamics.
“Therefore, we always provide services that optimally meet customers’ individual needs and their businesses. We support our partners and always stand as a very helpful friend to our loyal customers.”
The head of ensuring mutual benefits to partners and other stakeholders emphasizes that no matter how uncertain and challenging the economic situation may be, mutual benefits will remain stable, strong and prosperous.
However, they have more work to do, he stated, stressing that they are irrevocably committed to continuing to deepen insurance penetration and will (with every sense of responsibility) deliver meaningful, value-creating wealth on their doorsteps in Nigeria, Liberia, Niger Republic and beyond.
The highly beneficial values the company offers to customers will forever remain unparalleled, he said, stressing that the company will maintain its competitive advantage and never relent in distinguishing between mutual benefits and unique attributes.
He appealed to clients, partners and other stakeholders to continue to maintain their confidence in the company and its unique results and they should always make this fundamental choice to patronize its services.
The General Overseer of Foursquare Evangelical Church, Pastor Sam Abuyemi, who was the guest minister at the event, expressed his appreciation to God for sustaining the company for 28 years, noting that the company has done a good job in celebrating annual thanksgivings and that thanksgiving is the key to success. .
“I am happy that the company believes in the act of thanks, and the company will continue to achieve great success,” he said.
He prayed for the company, asking God to perpetuate His help for the company, because the only help man can rely on is help from God.
The Managing Director/CEO of Mutual Benefities Assurance Plc, Olufemi Asinuga, said the annual Thanksgiving is celebrated to appreciate God for his good gestures in the company.
He pointed out that despite the economic challenges, the company achieved good performance in 2023, attributing success to God.