Leadway Group seals pact with Nollywood on health insurance

The Memorandum of Understanding (MoU), which was signed in Lagos, would cover registered members of the Nigerian creative industry, including Association of Motion Picture Entertainment Editors of Nigeria (AMPEEN); Creative Designers’ Guild of Nigeria (CDGN); Cinematographers’ Society of Nigeria (CSN); Directors Guild of Nigeria (DGN); Film & Video Producers’ and Marketers’ Association of Nigeria (FVPMAN); and Independent Television Producers Association (ITPAN).

Others are Motion Picture Practitioners Association of Nigeria (MOPPAN); National Association of Nigerian Theatre Arts Practitioners (NANTAP); Screenwriters’ Guild of Nigeria (SWGN); Theatre Arts and Motion Pictures Producers Association of Nigeria (TAMPAN); and United Movie Practitioners’ Association of Nigeria (UMPAN). Members of the affected associations will enjoy a unified general insurance, healthcare, pension coverage and other listed benefits.

Under the agreement, Leadway Assurance Company Limited will provide Life/General Insurance policy, while its subsidiary company Leadway Pensure PFA, would cater for the pension funds of members. Pinewood Medicare HMO would serve as a healthcare service provider for the members of the aforementioned interest groups operating within the Nollywood ecosystem. The President, Directors’ Guild of Nigeria (DGN), Fred Amata, said: “This is the first collective effort of the creative sector to seize the opportunity of the persuasive power of unified numbers in negotiating an advantage for the benefit of the larger sector. NollyInsured is a progressively inclusive initiative.”

The Minister of Information and Culture, Lai Mohammed, who was represented by the Managing Director, Nigerian Film Corporation, Dr. Chidia Maduekwe, assured Nollywood stakeholders of the Federal Government’s continual support towards the development of Nollywood insurance scheme, which provides favourable healthcare conditions for practitioners.

A longer version of this report appeared on the Nigerian Guardian

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