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'Talk to my lawyers at Shoprite Checkers' A retired world class
sprinter and an award winning cattle breeder have formed a legal insurance
firm promises to take on Legal Shield and its Winna Mariba game show.
Their draw card is Shoprite Checkers through whose shops countrywide they
intend to reach out to their clients. Frank Fredericks, the 100-metre
world class sprinter now turned businessman, and fisherman/farmer Sidney
Martins, launched African Legal Networks Namibia this week. The firm offers
legal insurance for a monthly premium of N$69 which gives an annual cover
of N$70000. In an interview with the Economist, Martins, who is the company’s
executive director said, “We are unique and different, we have unique
product, unique distribution network and our benefits are superior to
our competitors.” The “unique distribution network”
is the use of Shoprite Checkers' money market kiosks, which will act as
the official agents of African Legal Networks Namibia. Clients will have
an option of paying their monthly instalments at any Shoprite store in
Namibia.
African Legal Networks
Namibia is the fourth legal insurance firm to set up shop since the introduction
of Legal Shield, and its subsequent placement under curatorship. Last
year saw the establishment of LawSure and Legal Challenge. The latter
entered the market with black economic empowerment as its draw card. LawSure
promised competitive products and overall business approach. Initiators
of African Legal Networks says they are not going to pay the lawyers any
fee unless the clients has indicated that she or he is satisfied with
the service rendered. Just as others, they are also going to use in-house
lawyers and outside lawyers for cases that they cannot handle. African
Legal Networks was started in South Africa by Jacques van der Merwe and
Dr Mathew Phosa in 1998.
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©2001-
2004 The Namibia Economist
Tel: + 264 (0) 61-22 1925, Fax: + 264 (0) 61-22 0615, 7 Schuster St. PO Box 49, Windhoek, |