Home Business Insurance World Mutual Benefits Inaugurates Gym Center To Improve Workers Physical And Mental Well-Being
Insurance World

Mutual Benefits Inaugurates Gym Center To Improve Workers Physical And Mental Well-Being

Share
Olufemi Asenuga, MD/ CEO, Mutual Benefits Group
Share

BY NKECHI NAECHE-ESEZOBOR—-Mutual Benefits Assurance Plc and its subsidiary, Mutual Benefits Life Assurance Limited, has inaugurated its brand-new, state-of-the-art Company Gym. 

The vision according g to the insurer was borne out of a genuine desire to support employees’ physical and mental well-being.

The Gym, located within the Company’s Head Office, boasts of state-of-the-art exercise equipment, offering a range of fitness options tailored to diverse preferences and fitness levels. From cardio machines and strength training equipment to aerobics, it empowers employees to embrace a comprehensive approach to health and well-being.

Speaking at the commissioning the MD/CEO, Mutual Benefits Life Assurance Ltd., Biyi Ashiru Mobolaji, said “As we celebrate the opening of our Company Gym, we take pride in the positive impact it will have on our employees and, by extension, the success of our organization. We extend our gratitude to everyone who contributed to making this dream a reality, and we look forward to embarking on this wellness journey together, creating a healthier and happier workplace for all.”

While commenting on this milestone and the Board Game competitions that accompanied the commissioning of the Gym, the Executive Director, Technical, Mutual Benefits Assurance Plc, Joseph Oladokun said “Investing in our employees’ well-being, both physically and mentally not only enhances their individual lives but also results in 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.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Heirs Insurance Group Empowers 500 School Children And Communities Through ‘The Good Project’

Heirs Insurance Group, Nigeria’s fastest-growing insurance Group, has rolled out a project...

NIA Commend Nigerian Police On Enforcement Of Third-Party Motor Insurance, Says Is A Game Changer For The industry

BY NKECHI NAECHE-ESEZOBOR— The Nigerian Insurers Association (NIA)on Monday applauded the Inspector...

With Investment In Oil Assets, Mutual Benefits Assurance Targets No 1 Position In Nigeria

…As GPW Hits N40bn FY2024    BY NKECHI NAECHE- ESEZOBOR— Mutual Benefits...

Linkage Assurance CFO Becomes Pioneer Chairman Of ICAN-NIA Chapter

Dr. Emmanuel Otitolaiye, Chief Financial Officer(CFO) of Linkage Assurance Plc has been...