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
Annual Reports
Please refer https://awashinsurance.com/wp-content/uploads/
