The rebranding of Old Mutual Nigeria Life Assurance Company Limited and Old Mutual General Insurance Company Nigeria Limited has been officially announced as emPLE Life Assurance Limited and emPLE General Insurance Limited, respectively, following regulatory approvals from the National Insurance Commission.
In a previous report by NewsNow, it was revealed that Old Mutual Nigeria had sold its life and general insurance operations to the emPLE Group, with the acquisition being finalized as emPLE takes control of 100% of Old Mutual’s equity in both businesses.
emPLE now operates under its brand name, symbolizing its alignment with the vision and strategy of the emPLE Group. The transformation from Old Mutual to emPLE marks a significant milestone, positioning emPLE as a leading insurer in Africa with enhanced service offerings and customer engagement.
A recent statement by emPLE highlighted the company’s commitment to providing innovative insurance solutions that address the evolving needs of its customers, with a focus on empowering individuals and families across Africa for their financial well-being.
Mr. Olalekan Oyinlade, the Managing Director of emPLE General Insurance Limited, expressed the company’s dedication to delivering exceptional value to customers through the rebranding, while Mr. Rantimi Ogunleye, the acting Managing Director of emPLE Life Assurance Limited, emphasized the acquisition’s role in expanding market presence and driving growth.
Having served over 1.5 million customers in Nigeria with a range of financial solutions, Old Mutual has been a significant player in the country’s financial landscape, offering life assurance, general insurance, savings, and investment services.