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/
