About
Abay Insurance S.C. stands out as a beacon of trust and reliability in Ethiopia’s insurance landscape. With a strong commitment to societal marketing, the company prioritizes the development of insurance products tailored to the needs of low-income individuals and the wider community. Embracing a collaborative approach, Abay Insurance continually invests in product innovation, aiming to address the unmet needs of its customers and society at large. Notably, the company actively engages in community service initiatives, contributing to the overall wellness of its surroundings. Over the years, Abay Insurance has cultivated a deep sense of loyalty and trust among its clientele, driving its relentless pursuit of excellence.
Structured for Superior Service, Abay Insurance S.C. is organized to deliver impeccable service to its valued customers. With a clear hierarchy led by the Board of Directors and the Chief Executive Officer, the company’s internal structure facilitates efficient operations. Utilizing a mixed approach to administration, Abay Insurance empowers its branches to handle insurance policy contracts while maintaining a centralized specialized claims management department to ensure prompt and effective claims resolution. Embracing open communication channels, the company fosters seamless interaction to address any internal or external inquiries, ensuring a smooth exchange of ideas and feedback for continuous improvement. Through its customer-centric approach and commitment to excellence, Abay Insurance S.C. remains a trusted partner in safeguarding the interests of its stakeholders and the broader community.
Contacts and Addresses
Phone: 0115535300
Board of Directors
Ato Abate Sitotaw – Board Chairman
Ato Yehuala Gessesse – Vice Chairman
Dr. Alemayehu Wassie – Director
Dr. Yilkal Adamu – Director
Ato Asmamaw Alemayehu – Director
Ato Zemene Tsehay – Director
Ato Yehalem Mesfin – Director
W/ro Elsa Tadele – Director
Ato Mulugeta Abate – Director
Management Team
Ato Yohannes Zewdie – Chief Executive Officer (CEO)
Ato Solomon Seifu – Manager- D/CEO – Operation
Ato Paulos Tadesse – Manager, Underwriting and Branch Operations Department
Paulos Tadesse – Manager, Claims Management Department
Ato Moges Tesfaye – Manger, Resource Management Department
Ato Behailu Betseha – Manager, Finance & Investment Department
Ato Tamirat Belay – Manager, Information Technology Department
Ato Tadesse Worku – Manager, Engineering & Inspection Services
Wro Damenech Sileshi – Manager, Audit Service
Wro Sisay Shihunegn – Manager, Legal Services
Ato Biniam Ayele – Manager, Marketing and Corporate Planning
Ato Yibeltal Anteneh – Manager, ERM and Compliance Service
Annual Reports
Please use https://abayinsurance.com/important-documents-downloads/category/4-reports
