Zemen Insurance Share Company

Zemen Insurance Share Company (ZISC) is a Private Insurance Company which was established by 926 shareholders and registered at Ministry of Trade and Industry on January 24, 2020, and obtained   nonlife or general insurance license by National Bank of Ethiopia on January 17/2020. The company has started insurance operation as of June 5/2020.

ሚዲያው ምን ይላል

የኢንሹራንስ ኢንዱስትሪውን ዘግይተው ከተቀላቀሉት መካከል አንዱ የሆነው ዘመን ኢንሹራንስ ኩባንያ ዓመታዊ ትርፉን ከሦስት እጥፍ በላይ ማሳደጉን አስታወቀ፡፡ ኩባንያው የ2016 የሒሳብ ዓመት የሥራ አፈጻጸሙን በተመለከተ ለሪፖርተር እንዳሳወቀው፣ በተጠናቀቀው የሒሳብ ዓመት ከታክስ በፊት 181.3 ሚሊዮን ብር አትርፏል፡፡

ከታክስ በኋላ ያገኘው የትርፍ መጠን 151.3 ሚሊዮን ብር መሆኑን የኩባንያው ዓመታዊ ሪፖርት ያመለክታል፡፡ ከታክስ በፊትም ሆነ በኋላ ያገኘው ትርፍ ኩባንያው ወደ ሥራ ከገባበት አራት ዓመት ወዲህ በከፍተኛነቱ የሚጠቀስ ነው፡፡ ዘመን ባንክ በ2015 የሒሳብ ዓመት ከታክስ በፊት አግኝቶት የነበረው ትርፍ 45.9 ሚሊዮን ብር ነበር…..

https://www.capitalethiopia.com/2023/10/22/zemen-insurance-reports-seventeen-fold-increase-in-profits/

  • ዘመን ኢንሹራንስ የፕሪሚየም ፋይናንስ አገልግሎት ለደንበኞቹ ለመስጠት የሚያስችለውን ስምምነት ከአሐዱ ባንክ አ.ማ እና ኤኮስ ኮሚሽን ኃ.የተ.የግ.ማ ጋር ስምምነት ተፈራረመ፡፡ የፕሪሚየም ፋይናንስ ፍላጎቱ ኖሯቸው በገንዘብ እጥረት የተሟላ የኢንሹራንስ ሽፋን አገልግሎት ላላገኙ ደንበኞች የአረቦን መክፈያ የሚሆን ብድር የሚቀርብበት መንገድ  ነው፡፡ ኩባንያችን ይህን አገልግሎት በተሳለጠና በተቀላጠፈ አኳዋን ለመስጠት ከአሐዱ ባንክ ጋር በመነጋገር  ሦስት ቅርንጫፎችን(ሜክሲኮ፣ 22 ውሃ ልማትን እና ቴሌ መድሐኒያለምን ቅርንጫፎችን) አዘጋጅቷል፡፡

  • Training on insurance service VAT

    Training has given to branch managers, cashiers and concerned parties about VAT for insurance service according to the new proclamation.

  • Abyssinia award!!

    Receiving this award is a testament to the hard work and commitment of our entire team to provide a better service and that we value our steamed customers, so it motivates us to continue pushing the boundaries of what’s possible in the industry.

  • Happy New Budget Year 2024/25

  • የኢንቨስትመንት ዜና!

    ዘመን ኢንሹራንስ አ.ማ. ከኢንሹራንስ ድርጅቶች ቀዳሚ የሚያደርገውን የ 20 ሚሊዮን ብር አክሲዮን ከ ኢትዮጵያ ሰነደ መዋዕለ ንዋይ ገበያ(ESX) ገዛ!

General Insurance also called non-life insurance: This category includes property and liability.

Life Assurance is the assurance of persons which may be classified as an endowment, term, and whole life insurance.

Travel Insurance: Zemen Insurance S.C launched a travel insurance program for international travelers in collaboration .

Our Vision

To be one of the top five Insurance company in Ethiopia by 2035

Our Mission

To render outstanding insurance service to its customers by using qualified staffs, state of the art technology, sustainable, vigorous growth and ensuring profitability through socially responsible manner and contribute the insurance industry’s growth.

Our Core Values

T=Timely-Provide Timely Response

R=Resourceful-build capacity and professional

U=unique-add value through innovation & creativity

S=Service-Provide Quality Service

T=Teamwork-collaborate openly and Honesty

We TRUST and value our customers!

Message from the CEO

DEAR SHARHOLDERS
I am very grateful to extend my message on the 6th Annual General Meeting of the Shareholders
after successfully concluding the year ended June 30,2024.
ZISC joined the insurance industry four years ago as of January 2020 that made its participation in the industry for the last four years only. As it is known, this was the year that COVID-19 pandemic was manifested and started to severely hit the global economy in an unprecedented manner. It is quite simple to imagine its effect on ZISC as new entrant company, however, ZISC endured this threat and persist and able to realize its significant economic and social responsibility in the industry.

Besides, the national as well as the global economy has remained to be threatened by major ups and downs, ZISC continued to succeed consistent growth in the industry. In the year ended June 30, 2024 ZISC actualized GWPI of Birr 545.3 million, which accounts 84% of the target and 67% above the previous year and Earning Per Share increased to Birr 3,744 (74.89%) from Birr1,587 (31.7%) the previous year. Similarly Total Asset, paid-up capital and profit before tax registered Birr 961.5 million, 234.2 million and 181.3 million, respectively.

Recent posts

Invitation to Bid (Call For Sellers of building)

Zemen Insurance S.C (ZISC) is a newly entered private insurance company which was established by 898 shareholders and registered at Ministry of Trade and Industry on January 24, 2020.

Invitation to Bid (የአክሲዮን ሽያጭ ጨረታ ማስታወቂያ)

Zemen Insurance S.C (ZISC) is a newly entered private insurance company which was established by 898 shareholders and registered at Ministry of Trade and Industry on January 24, 2020.

Invitation to Bid (የአክሲዮን ሽያጭ ጨረታ ማስታወቂያ)

Zemen Insurance S.C (ZISC) is a newly entered private insurance company which was established by 898 shareholders and registered at Ministry of Trade and Industry on January 24, 2020.

What the media says

  የኢንሹራንስ ኢንዱስትሪውን ዘግይተው…

What the media says

Zemen Insurance reports seventeen-fold increase in profits.…

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Opening Hours

Head Office

Monday – Friday 8:00 A.M. – 6:30 P.M

Saturday 8:00 A.M. – 4:30 P.M

All Branches

Monday – Friday 8:00 A.M. – 6:30 P.M

Saturday 8:00 A.M. – 4:30 P.M

Contact us

  • +251-116 686274 / +251-116 151493

  • +251-116 687373

  • info@zemeninsurance.com

  • Bole Alem Building 2nd Floor