Get Nile Insurance Company S.C.'s Insight including Profile, Financial Performance, Annual Reports, Board of Directors, Management teams, Products and Services, Contacts and Addresses and much more.
Nile Insurance Company S.C. Profile
About Nile Insurance
Establishment: Founded in
April 1995, Nile Insurance Company (S.C) is one of Ethiopia's pioneering
private insurers.
Capital Growth: Started with
a capital of birr 12.5 Million, Nile Insurance has grown its capital to an
impressive 1 billion Birr.
Regulatory Compliance:
Registered with the National Bank of Ethiopia under Proclamation No-86/1994,
with license No- 006/95.
Branch Expansion: Initially
with only 4 branches, Nile Insurance now operates 64 branches (including 3
contact offices) across the capital and regional cities.
Customer Base: Serving over
100,000 customers nationwide, Nile Insurance has become a trusted name in the
insurance industry.
Asset Value: The company's
total asset value has reached Birr 3 billion, showcasing its financial strength
and stability.
Contributing Factors: Nile
Insurance's growth is attributed to the active participation of employees,
shareholders, customers, and stakeholders.
Service Offerings: Provides
general, long-term, and Takaful insurance services, catering to diverse
insurance needs.
Vision: Aspires to be the
insurer of the first choice in the industry.
Mission: Committed to
delivering unmatched value in insurance services through expertise and
technology, thereby maximizing shareholders' value.
Core Values: Upholds values
of integrity, accountability, innovativeness and creativity, teamwork, social
responsibility, and customer focus.
Address and Contact Information
Head Office: National Theatre, Nile
Insurance S.C Building 1st Floor, Addis Ababa, Ethiopia
Phone: +251 114 426000
Email: info@nileinsurancesc.com
Board of Directors
- Ato Mehari Alemayehu – Board Chairman
- Ato Yerom Gessesse – Deputy Chairman
- Ato Abraham Minwuyelet - Board
Director
- Ato Mulugeta Asmare - Board
Director
- Dr. Abraham Asnake - Board Director
- Ato Habtamu Aklilu - Board Director
- Ato Wondawik Ayele - Board Director
- Eng. Tadesse Woldeher - Board
Director
- Ato Daniel Hailu - Board Director
Executive Management Team
- Ato Nigus Anteneh - Chief Executive
Officer
- Ato Asmare Miheret - Manager,
Finance & Investment Department
- Ato Nibret Anteneh - Manager,
Underwriting & Branch Operation Department
- Ato Binalf Mekonnen - Manager,
Resource Management Department
- Ato Mekit Eshetu - Manager, Claims Department
- Ato Tadele Tegegn - Manager, Legal Department
- Ato Elias Seyoum - Manager,
Marketing, Business Development & Planning Department
- Ato Abraham Chanie - Manager,
Engineering Department
- Ato Zewdu Ayalew - Manager,
Information Technology Department
- Ato Zelalem Simegn - Manager,
Internal Audit Department
Annual Reports
Please visit https://nileinsurancesc.com/annual-reports/