Is ‘Old Mutual’ the Next Big Thing?

L-R: President, Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Kayode Okunoren; Commissioner for Insurance, Alhaji Mohammed Kari; Chief Executive Officer, Old Mutual General Insurance Company, Mrs. Rachel Emenike; and Chief Executive Officer, Old Mutual Life Nigeria Assurance Company, Mr. Keith Alford during the 2016 CEO’s Retreat of NCRIB in Ilesa, Osun State…recently Aviation School Learn to Fix Jets at the Best Aviation School Start Today! fixjets.com Stories by Raheem Akingbolu

Three years after the Old Mutual brand entered Nigeria, the brand has started entrenching itself into the insurance market. As at the time it was entering the market, top brands like IGI, Mansard, AICO and Mutual Benefit were already making waves and this was a challenge for the promoters of Old Mutual. Its first strategic move was the acquisition of the Oceanic Life, which was used as a lunch pad into the market. Since then, the 171 year- old brand has built on its global experience and local resources to navigate the market.

In a fresh attempt to capture the market, promoters of the Old Mutual Nigeria and its two subsidiaries -Old Mutual Life Nigeria Assurance Company and Old Mutual General Insurance Company, have been consistent in the last few […]

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