Invitation to Bid

Call For IT Project Consultancy

Re No.:ZISC/ITP01/2022


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

The Company intends to acquire and implement an Integrated Core Insurance Financial Management Information Software (IIFMS) that meets its objectives and requirements to provide efficient, effective, and competitive insurance services to its valued customers. The system shall help to integrate all back and front office processes like Underwriting, Claims, Reinsurance, Financial Management, senior management, and also the customer, through the Integrated Core Financial Management Information System package.

For this purpose, Zemen Insurance s.c needs to recruit a competent IT Project Consultancy service(Firm or Individual) for the implementation of the Integrated Core Insurance Financial Management Information System.

How to Apply:

  1. If the applicant is a firm, the firm must submit a certificate of incorporation/registration for legal entities/, renewed trading license, Tax clearance certificate, and VAT registration.
  2. If the applicant is an individual, he/she must have specific and extensive industry knowledge in Insurance IT Projects. And he/she must submit all experiences, IT project management certificates, professional IT consultancy licenses(if any) & any related documents.
  3. Interested bidders can collect bid documents from the Company’s Head Office, Bole Alem Building, 2nd floor from the date of this announcement, by paying non-refundable Birr 100.00 (one Hundred birr only).
  4. Interested applicants are required to collect detailed requirements for Terms of reference/TOR/ from the office of Human Resource and Property division Zemen Insurance S. C head office Alem Building, 2nd floor up to September 09, 2022, at 12:30 PM and opened on September 10, 2022, at 10:00 AM.
  5. The bid must be accompanied by a bid bond of 10% for the firm and 2% for the individual consultant of the total price of the bid bank guarantee or cash payment order (CPO) in the name of ZEMEN INSURANCE S.C.
  6. Interested applicants are expected to provide technical and financial document proposals separately.
  7. Zemen Insurance reserves the right to cancel the bid fully or partially.

Therefore, Zemen requests interested IT Project Consultants (Firm or Individual) to respond to this bid within eleven working days starting from the date of this announcement in the newspaper.


Zemen Insurance S.C, Bole Alem Building, 2nd Floor

   Tel: +251 115 57 58 50 /   0116151409/     0116150609, Addis Ababa, Ethiopia