Insight

Tsehay Insurance S.C.

About Tsehay Insurance

Establishment: Founded on March 28, 2012, by 105 shareholders, Tsehay Insurance S.C. is registered by the National Bank of Ethiopia under Proclamation No.86/1994 and License No.017/12.

Capital: Started with a subscribed capital of Birr 45 million and a paid-up capital of Birr 11,480,000, exceeding the minimum requirement, showcasing strong financial backing.

Mission: Committed to providing quality and innovative  insurance products while engaging in diversified investment, all while maintaining ethical standards and ensuring benefits to policyholders, shareholders, employees, and society.

Vision: Aims to become one of the top five insurance companies in Ethiopia by 2032, demonstrating ambition and aspiration for growth and excellence.

Core Values: Upholds values such as prompt and reliable customer service, utmost respect, teamwork, integrity, fairness, promise-keeping, confidentiality, creativity, dynamism, and corporate social responsibility.

Product Offerings: Specializes in general insurance, offering various products including Property Insurance, Fire & Allied Perils, Contractors’ All Risk (CAR), Erection All Risk (EAR), Contractors’ Plant & Machinery, Electronics Equipment, Plate Glass Insurance, and Boiler Explosion & Pressure Vessel coverage.

Distinctive Features: Focuses on efficient and prompt customer service delivery, incorporating customer needs and service expectations into decision-making processes. Implements its own customer service guidelines and complaint handling system, setting it apart in the industry.

Address and Contact Information

Head Office: Bole Bridge, In front of Brass Hospital, Addis Ababa, Ethiopia

Phone Number: +251- 111-11 97 70/71 / +251 – 116- 50 66 32/37/38

Fax: +251-111-11 98 86

Website: www.tsehayinsurance.com

E-mail: officemail@tsehayinsurance.com

P.O.Box: 56144

Board of Directors

  1. W/ro Mahider Kiber – Chairperson
  2. Ato Mengist Zebenaye – Vice Chairperson
  3. Ato Habtamu Alebachew – Board Member
  4. Ato Biruh Tesfaye – Board Member
  5. Dr. Yaregal Assabie – Board Member
  6. Ato Tilahun Awoke – Board Member
  7. Ato Yihun Meseret – Board Member
  8. Ato Tefera Desta – Board Member
  9. Ato Ermias Biruk – Board Member

Executive Management Team

  1. Ato Kassa Lisanework – Chief Executive Officer
  2. Ato Yilma Gebrie – Deputy Chief Executive Officer, Operations
  3. Ato Berhanu Kiber – EO, Marketing & Business Development Department
  4. W/ro Hewan Moges – EO, Finance Department
  5. Ato Dagim Abebe – EO, Claim Department
  6. Ato Solomon Assefa – EO, Underwriting Department
  7. Ato Abebe Sisay – EO, HR & Property Admin Department
  8. Ato Nebere Degsew – Chief Auditor
  9. Ato Desalegn Beyene – Manager, Legal Service
  10. Ato Gedlu Dejene – Manager, Engineering Service
  11. Ato Ashenafi Korssa – Manager, IT service
  12. Ato Daniel Girma – Manager, Re-Insurance Service
  13. W/ro Selamawit Yonas – Chief Risk and Compliance Office

Annual Reports

Please visit https://www.tsehayinsurance.com/about/downloads/annual-reports.html

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