ABOUT US

Mutual Benefits Assurance Plc. (MUTUAL), has evolved into a conglomerate consisting of value-adding companies with diverse interests in various sectors of the Nigerian economy through investments, strategic alliances and partnerships. Today, MUTUAL is a leading brand in the Nigerian Insurance Industry with over 5000 staff in its employment.

MUTUAL is strong, well capitalized with a team of highly trained professionals, a respectable Board and access to the International Insurance Market.

MUTUAL is the flagship of insurance in Liberia and also runs a full-fledged insurance operation in Republic of Niger, where we commenced business in January 2014. We pride ourselves in delivering excellent services to all our stakeholders.

OUR VISION

A leading world-class company providing superior financial services to the delight of all stakeholders. 

OUR MISSION

Transcending the expectations of customers for their wealth protection needs through the provision of qualitative insurance and risk management services thereby creating values for all stakeholders.

GUIDING PRINCIPLE

Our guiding principle is to act with due care and diligence in the pursuit of excellence in an atmosphere of mutual respect and understanding.

Business professional handshake

Our Core Values

They shape how we care for our Customers and our Team.

Knowledge

Knowledge

We are on top of our game & are internally and externally aware

Integrity

Integrity

At Mutual, we keep our word & do the right things always

Responsiveness

Responsiveness

At Mutual, we deliver timely and swiftly & we are there for others

Leadership

Leadership

At Mutual, we lead by example & we influence others positively

Continuous Improvement

Continuous Improvement

At Mutual, we are innovative and constantly strive for improvement

DotOur Story So Far

Here's a look at the moments that shaped us.

18th April 1995

Incorporation

Mutual Benefits was incorporated as a private limited liability company

Incorporation
4th September 1995

Certified as an Insurer

Mutual Benefits was granted Certificate of Registration as an Insurer by the National Insurance Commission .

Certified as an Insurer
2nd October 1995

Operations Commenced

Mutual Benefits commenced operations.

Operations Commenced
24th May 2001

Became a PLC

Mutual Benefits became a public liability company.

Became a PLC
28th May 2002

Joined the Stock Market

Mutual Benefits got listed on the Nigerian Stock Exchange.

Joined the Stock Market
Paid-Up share capital₦10,030,811,198.50
Decorative green dotAccreditations

We are recognized for our reliability and excellence.

NDPR Audit Compliant certificate 2023 - Mutual Benefits Assurance PLC
Mutual Benefits Assurance PLC
NDPR Audit Compliant certificate 2023 - Mutual Benefits Life Assurance LTD
Mutual Benefits Life Assurance LTD