SPEECH BY AUGUSTINE ALEGEH SAN, PRESIDENT OF THE NIGERIAN BAR ASSOCIATION AT THE STRATEGIC PARTNERSHIP WITH LEADWAY ASSURANCE COMPANY LIMITED SIGNING-OFF CEREMONY ON THE 19TH DECEMBER, 2014.
The General Manager, Deputy General Managers and Management of Leadway Assurance Company Limited, National Officers of the NBA, Branch and Section Chairmen of the NBA, Learned Colleagues, Members of the Press, Distinguished Ladies and Gentlemen.
I want to welcome you all to this auspicious occasion of the Signing-Off ceremony of the Strategic partnership between the Nigerian Bar Association and Leadway Assurance Company Limited today, Friday, 19 December 2014.
Today marks the beginning of a new dawn for the Nigerian Bar Association and a fulfillment of the mandate of the present administration of the Nigerian Bar Association to provide a workable and feasible insurance policy cover for all lawyers.
Insurance serves many purposes and has many benefits for both individuals and businesses. Insurance Policies are purchased to provide protection against the potential of unexpected future losses and can help make sure assets, income and lifestyle are kept whole.
A workable Insurance Policy is a critical factor which every citizen in a civilized jurisdiction should possess. It is in line with this irrefutable statement that the Nigerian Bar Association has embarked upon this partnership with Leadway Assurance Company Limited, a foremost Insurance company in Nigeria to provide an insurance cover for Nigerian lawyers. You will recall that I had in my Inaugural Address of 29 August 2014 promised that I would ensure that a workable Insurance policy facilitated by a reputable Insurance company is provided for all lawyers. Today marks a fulfillment of that promise to members of the Nigerian Bar Association.
The choice of Leadway Assurance Company Limited as the official Insurance partner of the Nigerian Bar Association is not by accident. Rather, it is as a result of Leadway Assurance’s proven track record of performance and dedicated customer service delivery in Nigeria. Leadway Assurance is a foremost Insurance company in Nigeria with a diverse network of branches nationwide. Leadway Assurance Co. Ltd undoubtedly has the capacity to guarantee the provision of a feasible insurance cover for Nigerian lawyers.
The Insurance Cover options proposed by Leadway Assurance include: Death or Accidental Permanent Disability, Accidental death, Critical illness and Accidental medical expenses. NBA members shall indicate their preferred option and would be provided with that option of cover by Leadway Assurance for that year.
The Premium for this Insurance policy shall be fully funded by the Nigerian Bar Association with monies realized from the payment of Annual Bar Practising Fees. Consequently, this insurance policy shall only be available to lawyers who have paid their Annual Bar practicing fees for the year in question. All Insurance claims shall be processed directly with the Insurance Company who shall provide the procedure to follow in processing such claims.
This strategic partnership with Leadway Assurance Company Limited is highly commendable and a major step in the right direction by the present administration of the Nigerian Bar Association towards improving the welfare of its members.
Whilst thanking the General Manager, Deputy General Managers and Management of Leadway Assurance Company Limited for their dedication and commitment towards this legacy Partnership project, I wish to seize this medium to assure our members that this strategic partnership with Leadway Assurance Company Limited for the provision of Insurance cover packages to lawyers in Nigeria is a sign of better things to come for the NBA. This present administration of the Nigerian Bar Association shall continue to take steps to promote and protect the interest of its members. I assure you that we shall continue to serve you to the best of our ability.
Long live the Federal Republic of Nigeria!
Long live Leadway Assurance Company Limited!! Long live the Nigerian Bar Association!!!
Thank you and God bless.
AUGUSTINE ALEGEH SAN, FCIArb.[UK]
President, Nigerian Bar Association
19 December 2014.