April 19, 2024

Benefits Assurance Plc and its subsidiary, Mutual Benefits Life Assurance Limited, have introduced a corporate gym as part of efforts to promote employees’ wellness.

According to the firm in a statement that the state-of-the-art facility, located at the company’s head office premises, showed its commitment to promoting the physical and mental health of its workforce.

The underwriting firm stated that, “Boasting cutting-edge exercise equipment tailored to various fitness preferences and skill levels, the gym provides a wide array of options.

“From advanced cardiovascular training machines to robust strength-building equipment and meticulously designed aerobics facilities, the gym empowers employees to embrace a holistic approach to their well-being.”

1The Managing Director of Mutual Benefits Life Assurance Limited, Biyi Mobolaji, spoke on the positive impact.

He extended gratitude to the contributors who transformed the project into reality, and noted it would boost healthier and more contented workplace.

The Executive Director of Technical, Mutual Benefits Assurance Plc, Joseph Oladokun, spoke on the strategic significance of investing in employees’ physical and mental well-being.

He said such investment did not only enrich individual lives, but also cultivated a more engaged, motivated, and productive team, who are better at decision-making. A healthier workforce is better equipped to overcome challenges, foster innovation, and contribute to the overall success of our company.”

In its 2022 Audited Accounts, Mutual Benefits Assurance Plc and its subsidiary, Mutual Benefits Life Assurance Ltd., demonstrated remarkable performance. The Companies paid a substantial N14.70 billion in claims, reflecting an unwavering commitment to fulfilling obligations to policyholders. Moreover, MUTUAL

BENEFITS’ underwriting prowess shone brightly, with a 158% increase in profit after tax compared to the previous year.

This exceptional achievement speaks volumes about MUTUAL BENEFITS’ strategic vision and prudent management, paving the way for a promising future for all stakeholders.




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