FBN Insurance to grow customer base to 1 million

Managing Director of the company, Mr. Tunde Mimiko, who disclosed this at a press conference in Lagos, noted that currently the company has about 400,000 policyholders.

“We will do this with the customers in mind which include our current and prospective customers to continue to live in confidence by creating more wealth for them and protecting their financial assets.”

On how it plans to drive retail business at the grassroot, Mimiko said the company plans to increase number of agents from 3,000 to 5,000 before end of 2022.

According to him having more agents who will be selling insurance products and services across the country will enhance insurance penetration and awareness, adding that the company would equally uses technology to capture the millennia onto insurance platform.

He added that in order to get to those that are underserved, the company is also using a digital platform to ensure that they expand their reach as much as possible.