Get Lucy 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.
Lucy Insurance S.C. Profile
About Lucy Insurance
Establishment: Founded in
2012 with 39 visionary shareholders.
Financial Growth: Grew
paid-up capital from Birr 8,035,000 to Birr 160.2 million by June 30, 2023.
Shareholding Base: Increased
to 564 shareholders, indicating substantial growth potential.
Compliance: Met National
Bank of Ethiopia's directive, raising paid-up capital to Birr 75,000,000 for
general insurance.
Headquarters: Owns a
headquarters building located at Haya Hulet, offering convenience and
stability.
Branch Network: Operates 35
branch offices, including 28 city branches and 7 outlying branches.
Workforce: Provides
employment opportunities for over 280 skilled employees.
Vision: Aims to become one
of Ethiopia's top five private insurance companies by 2030.
Mission: Dedicated to
offering dependable insurance services and engaging in lucrative investments.
Core Values: Upholds values
such as impartiality, teamwork, innovation, responsiveness, partnership,
excellence, commitment, trust, and trustworthiness.
Address and Contact Information
Main Branch: Opposite to Capital
Hotel next to WARYT, Addis Ababa, Ethiopia
Phone: 0114-67-17-84 / 7363
Email: CEO@lucyinsuranceet.com
Board of Directors
- Tesfaye Boru (Dr.) - Chairman,
Board of Directors
- Destalem Fitwi – Vice Chairman,
Board of Directors
- Demisse Tafesse – Director
- Getachew Abera – Director
- Kelemu Sinke – Director
- Simon Mechale – Director
- Solomon W/Yohannes – Director
- Tekeste Desta – Director
- Wende Wedajo – Director
Executive Management Team
- Adefris Wesene - Chief Executive
Officer
- Negede Worku – Deputy CEO,
Operations
- Yodit Yimer – Director, Marketing
& Business Development
- Adissu Fekadu – Director,
Underwriting & Branch Operations
- Esayas Assefa – Director, Finance
& Investment
- Rediwan Abdulshikur – A/Director,
Human Resources and Logistics
- Solomon Zelalem – Manager, Legal
Services