| The Company |
Company's Profile  |
- Mutual Benefits Assurance Plc
- Incorporated as a private limited liability company on 18th April 1995
- Granted Certificate of Registration as an Insurer by the National Insurance Commission in September 1995.
- Commenced operation 2nd October 1995
- Became a public liability company on 24th May 2001.
- The company is a composite insurer transacting Life & General insurance business.
- Authorised & fully paid-up share capital – N3,000,000,000
- Long-term objectives :
maintain superior service in the provision of financial security.
guarantee good returns to our stakeholders.
|
| Key Success Factors |
Good Corporate Governance
Board of Directors
Integrity
Vast experience
Stability
Effective corporate governance
Professionalism
Discipline |
Service Delivery
Integrity
Professionalism
Innovativeness
Personalised services
Customer focused
Information Technology
Relationship management |
| Year |
Statutory Requirement |
MBA Plc Paid-Up |
| 1995 |
N5 million |
N20 million |
| 1997 |
N20 million |
N70 million |
| 2001 |
N20 million |
N220 million (IPO) |
| 2003 |
N90 million |
N353 million |
| 2004 |
N350 million |
N500 million (Rights Issue) |
| 2006 |
N3 billion |
N3 billion (Right / Public Offer)
(Total Shareholders Fund N5,6 billion) |
|
Ownership Structure
Inception - Limited Liability Company
Now - Public Limited Liability Company
Quoted on the Nigerian Stock Exchange |
Good Corporate Image
Responsiveness
Quality of management
Enabling Environment
Strong brand. |
Strong & Qualified Management
Qualified & highly skilled manpower
Solid, cognate experience
Efficient recruitment policy
Reward & recognition |
|
|
| Our Branches |
Aret Adams House,
233 Ikorodu road,Ilupeju,
Lagos, Nigeria
P.O Box 70986, Victoria Island,
Lagos.
Tel: 2793457-8 4968811-3
Fax: 2712985
info@mutualbenefitsassurance.com
info@mba-plc.com
Apapa
33, Calcutta Crescent,
Apapa-Lagos,
Tel: 01-7917872, 894217
Ikoyi Office
16, Norman Williams Street
S/W Ikoyi, Lagos.
Ikeja Office
asibifi road,
alausa, ikeja,
lagos.
Ojo Office
christ in me plaza
446, old ojo road,
lagos. |
| Western Zonal Offices |
Ibadan
47/9 Onireke Street,
GRA Ibadan
Ibadan, Oyo state.
Tel: 02-7523515
Jericho Office
3rd Floor, ANCE building,
Magazine Jericho Road,
Ibadan.
Tel: 08042143458
Osogbo Office
20, New Ikirun Road,
Pepsi Cola Area,
Osogbo,
Tel:035-242330
Abeokuta Office
Lalubu Street,
Opp. AfriBank, Oke-Iiewo
P.O.box 821, Abeokuta,
Ogun State
Tel:039-240668
Akure
2nd Floor, NACRDB Building
P.O.Box 4049
Alagbaka Junction,
Akure
Tel: 034-240681
Ado-Ekiti Office
Old Co-Operative Building,
Ijigbo Road, Ado-Ekiti |
| Eastern Zonal Offices |
Port Harcourt
Wordway Plaza,
129 Aba Rd, Waterline,
Port Harcourt,
Tel: 084-571921, 461978
Yenogoa
14, Imgbi Road, Amarala
Near General Hospital,
Yenogoa,
Bayelsa State |
| Northern Zonal Offices |
Abuja Office
Jinifa Plaza, Plot 1014,
Central Business District,
Abuja
Tel: 09-6707910
kano office
43, Ibrahim Taiwo Road,
Kano.
Tel:08042143458. |
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