With Renewed Commitment to Excel in the New Millennium!
Company Name: Awash Insurance Company S.C. (AIC)
On a sky blue circle background three letters
AIC (Awash Insurance Company) are engraved in white;on top of the middle letter there is
trifoliolate ,three leaves in green representing
bright future,growth and prosperity.
||The Awash Towers
Addis Ababa, Ethiopia
||Wherever there is Awash,there is safety,protection and peace of mind.|
WE CARE for our Customers!!
The Vision of Awash Insurance Campany S.C,is " to be the leading and the best insurance service provider."
The Mission of Awash Insurance Campany S.C,is to provide diversified general and long-term
insurance services to a continuously growing number of clients
efficiently, competitively and profitably supported by modern technology
as well as by well trained, professionally and socially responsible
team of management and employees.
- Commitment towards its clients.
- Commitment towards its staff.
- Providing a client focused marketing and claims service.
- A dynamism of management in reacting to fast-changing market conditions.
- Providing efficient claims and client service.
Aims and Objectives:
- Carry out all types of general and long-term insurance and reinsurance businesses in Ethiopia and abroad;
- Provide customers with clear, up-to-date and helpful professional advice in an easy way;
- Make sure that the protection provided is completely fit to the requirements of customers;
- Invest in businesses incidental to insurance in accordance with the law;
- Encourage society to help one another;
- Initiate, promote and uphold the actualization of
lucrative businesses by financing or investing in them to maximize the
- Work severally and hand-in-glove with all concerned to enhance the awareness about insurance among the general public;
- Facilitate, guarantee and help accelerate socio-economic development of the country in serving the economy as rear guard;
- And above all, contribute its part to the sustainable growth of the economy.
Founded: October 1, 1994.
January 2, 1995.
General Insurance and Long-term (Life) Insurance Business.
||A private share company with more than 741 individuals and corporate shareholders.
Business Partner(s) and Bankers:
i.Awash International Bank S.C, Our principal banker; AIC is
the leading shareholder in the Bank;
ii. United Bank S.C.
iii Wegagen Bank S.C.
iv.Commercial Bank of Ethiopia
v.Oromia Cooperative Bank S.C.
||Subscribed Capital, ETB 80,000,000.00
Paid-up capital, ETB 120 million.
Business Experience and Track Record:
Profitable throughout its years of service, with over 24% investment return on the average.
The New Headquarters of Awash Insurance
Company and its sister company, Awash International Bank.