Mutual Benefits Assurance Plc engages in the provision of insurance and risk management services. It operates through the following segments: Assurance Business, Real Estate and Microfinance. The Assurance Business segment covers the protection of customers assets and indemnification of parties that have suffered damage as a result of customers accident. The Real Estate segment undertakes real estate development project with the aim of outright sale or lease of the properties to meet the needs of individual and corporate bodies. The Microfinance segment offers retails and microfinance banking services at the community level. The company was founded on April 18, 1995 and is headquartered in Lagos, Nigeria.