FBNInsurance opens additional retail outlets (check your area here)

In line with its strategic expansion approach, aimed at extending its reach and make its operations accessible to more customers across Nigeria, FBNInsurance Limited, has opened six new sales outlets in Abeokuta, Ijebu Ode, Apapa, Agbara, Isolo and Epe.

According to the firm, the six offices bring to 25 the company’s sales outlets nationwide, in addition to four main branches in Lagos, Ibadan, Port Harcourt, and Abuja; and the head office in Marina, Lagos.

While announcing the new offices at the firm’s Head Office in Lagos, the Head, Marketing and Corporate Communications, Elizabeth Agugoh, ascribed the continued expansion in the retail space to its commitment to reaching the uninsured all over Nigeria.

According to her, “insurance penetration in Nigeria, a country of over 150 million people, is still below one per cent. The fastest way to get more of our people insured is to look towards the retail space.

“Retail helps our target consumers put a face to the company they are dealing with and get better acquainted with our products and services. With a massive retail team of over 2000 Financial Advisors and increasing sales outlets, we surely have the capability to deepen our penetration in this under-tapped market,” she added.

Recall that at the company’s 2016 Retail Marketing Conference and Awards, the Managing Director, FBNInsurance Limited, Valentine Ojumah, emphasised the importance retail drive on the company’s balance sheet and overall performance.


Source: Guardian