The Nigerian Council of Registered Insurance Brokers said a chapter in history has closed with the passing away of Talabi Braithwaite.
President of NCRIB, Dr. Teslim Sanusi, who stated this, noted that the broking fraternity would surely miss his unequalled professional prowess and dedication to the growth of the insurance industry, adding “There is no doubt that the passing of late Braithwaite, a significant chapter in the history of the Nigerian insurance industry and particularly, the insurance broking profession has been closed.”
It will be recalled that the Nigerian insurance industry lost yet another of its founding fathers barely a year after the death of Chief Akin George, with the death of Mr. Talabi Adebayo Braithwaite, doyen of the Nigerian Insurance Industry
Having put in 53 years of his working life into the insurance industry, Braithwaite died at the age of 82 years in the United Kingdom on May 2nd, 2011 two months before his 83rd birthday.
Mr. T.A Braithwaite was, unarguably, a pioneer in a relatively unknown profession when in June 1951 he qualified as Associate of the Chartered Insurance Institute (ACII), UK, following his quest for professional education after attaining the Senior Cambridge with exemption from the London matriculation in December of 1946.
The late Braithwaite played a major role in the conception and actualization of the Insurance Institute of Nigeria.
He was present at the meeting of the Nigerian Insurance Consultative Committee when the motion was moved for the formation of the Institute. At the meeting, a steering committee was empanelled to initiate plans for the eventual actualization of the Insurance Institute project. The following distinguished insurers, including the young Braithwaite, were members of the Panel:
The first president of the Institute became Mr. E.E. McnNestry. He was president in 1959, 1960 and subsequently in 1973. A Nigerian, Mr. E.F. Elebute became the first indigenous President in 1961 while Mr. T.A Braithwaite became President in 1963 and subsequently in 1966 as the second indigenous president of the Institute.
He was Chairman of the Board of Fellows of the Chartered Insurance Institute of Nigeria until his death. He was also a leading player in Insurance Broking and was the first president of the Nigerian Corporation of Insurance Brokers, now the Nigerian Council of Registered Insurance Brokers for a period of 16 years from 1963 to 1979. The Insurance Industry and the wider business community will miss Mr. Braithwaite.