About Us
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.
As of March 31, 2023/24, audited financial statement, the Company has a total asset, paid-up capital and total capital of birr 832.9, 223.3 and 352.3 million in order and also 500,000,000 authorized capitals. This is the highest amount of capital at initial stage in the Ethiopian Insurance history. The number of branches has currently reached to Twenty-Nine /29/ & planned to add one more branch to outreach the total number of branches to thirty /30/ in the year 2023/24 both in Addis Ababa and outside Addis Ababa.
VISION
To be one of the top five Insurance company in Ethiopia by 2035
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.
VALUES
T=Timely- Provide Timely Response
R=Resourceful-build capacity and professional
U=unique- add value through innovation and creativity
S=Service-Provide Quality Service
T=Teamwork-collaborate openly and Honesty
We TRUST and value our customers!
