Get Awash Insurance S.C.'s Insight including Profile, Financial Performance, Annual Reports, Board of Directors, Management teams, Products and Services, Contacts and Addresses and much more.
Awash Insurance S.C. Profile
About Awash Insurance
Awash Insurance, founded on October
1, 1994, has been a trusted name in the Ethiopian insurance landscape since it
commenced operations on January 2, 1995. Offering a wide array of services
including general insurance, long-term (life) insurance, and Takaful business,
Awash Insurance has solidified its position as a leading private share company
in the country. With a robust ownership structure boasting over 1,714
individual and corporate shareholders, the company maintains a strong financial
standing, with a subscribed capital of ETB 4 billion and paid-up capital of ETB
1.2 billion as of April 2023.
Under the stewardship of Mr.
Tadesse Gemeda as Board Chairman and Mr. Gudissa Legesse as Chief Executive
Officer, Awash Insurance has thrived over its 28 years of operation. Backed by
a dedicated team of fifteen highly qualified professionals and a workforce of
over 600 permanent employees, the company boasts an extensive customer base,
serving numerous private and public sector organizations. With 60 branches and
6 underwriting contact offices strategically located across Ethiopia, Awash
Insurance is dedicated to providing reliable insurance solutions tailored to
the evolving needs of its clientele. Moreover, the company's reinsurance
program, led by renowned entities such as Munich Re and Africa Re, underscores
its commitment to financial stability and dependable risk management, ensuring
the utmost peace of mind for its customers.
Contact and Adress
Office Location: Ras Abebe
Aregay Street, Awash Towers Addis Ababa, Ethiopia
Phone: +251 11557 00 01
Email Information: aic@ethionet.com
and aic@awashinsurance.com
Shareholder`s Account: +251
115570285
Board of Directors
Mr. Tadesse Gemeda - Board
Chairperson
Dr. Aseffa Seyoum - Board Vice
Chairperson
Mrs. Megerte Zewdie - Board Member
Mrs. Gifty Yoseph - Board Member
Captain Wubishet Geremew - Board
Member
Captain Kebede Asres - Board Member
Engineer Tsegaye Sori - Board
Member
Engineer Getachew Assefa - Board
Member
Mr. Solomon Nekatibeb - Board
Member
Management Team
Mr. Gudissa Legesse - Chief
Executive Officer
Mr. Jibat Alemneh - Chief Operating
Officer
Mrs. Frehiwot Alemayehu - Chief
Customers Officer
Mr. Mintesinot Desalegn - Chief,
Finance & Resource Management
Mr. Bekalu Tilahun - Chief
Governance Officer
Mr. Dejene Tsegaye - Chief
Technology Officer
Mr. Taddesse Roba - Advisor to the
CEO
Mr. Abel Tadesse - Head, Branch
Channel
Mr. Wondimagegn Assefa - Head,
General Insurance Underwriting
Mr. Kumsa Birisa - Head, General
Insurance Claims
Mr. Adane Seyoum - Head, Financial
Management
Mr. Mulatu Temesgen - Head, Human
Resource Management
Mrs. Sinafikish Tekle - Head, Legal
& Advisory Services
Mr. Derese Berhanu - Head,
Information System & Improvement
Mr. Wondimagegn Fufa - A/Head,
Audit & Inspectioon