ናይል ኢንሹራንስ NILE INSURANCE. Company Profile

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1 ናይል ኢንሹራንስ NILE INSURANCE Company Profile

2 ናይል ወደነበሩበት ይመልሳል! Anything could go wrong. NILE restores it to its original place. For information, please call:

3 About Nile Nile Insurance Company (S.C) is one of the pioneer private insurers established on April, 1995 with a capital of birr 12.5 million. The company has a legal entity registered with the licensing and supervisory body of the National Bank of Ethiopia in accordance with proclamation No- 86/1994 and license No- 006/95. Over the past years, the company has grown from birr 12.5 million to 230 million birr capital, from 26 to 124 shareholders, from 4 to 41 branches both in the capital and regional cities and has more than 36,000 customers across the country. The total asset of the company has reached birr 734 million. This tremendous growth was largely driven by active participation of its valuable Employees, Customers, Shareholders, and other Stakeholders. Nile provides both general and long term insurance solutions along with engaging in promising investments across the country. Our Vision Nile envisages being a preferred front line Insurer with Excellence in Ethiopia in Our Mission To provide unmatched value in insurance services and engage in investment through high profile expertise and state of the art technology. NILE INSURANCE COMPANY PROFILE

4 Our products We provide our customers a wider range of insurance solutions both in the general and long-term (Life) insurance categories. A. GENERAL INSURANCE / NON-LIFE Motor Insurance Cargo Insurance (Land, Sea and Air transit covers) Property Insurance Engineering Insurance Liability Insurance Pecuniary Bonds B. LONG TERM/LIFE INSURANCE Endowment / Medical / Term / Riders / Travel COMPANY PROFILE NILE INSURANCE

5 Some call it life insurance, we call it Love Insurance. NILE INSURANCE COMPANY PROFILE

6 Our Customers Currently we are working with more than 36,000 customers of diverse base: Sole proprietors, PLCs, Share Companies, GOs, NGOs, Civil Societies and Embassies. INVESTMENTS Our investments are in real-estate properties, government bonds, shares at banks and Reinsurance. RE-INSURANCE Nile is backed by a team of renowned re-insureres led by Africa Reinsurance Corporation, ZEP-Re(P.T.A. RE), Ethiopian Reinsurance, East Africa Re, Kenya Re among others. INDUSTRY RELATIONSHIP We are a member of the Ethiopian Insurers Association and participate in various engagements of the association. We are also members of the Society of Insurance Professionals and other associations in the industry. OUR BANKERS Bank of Abyssinia Zemen Bank Dashen Bank Commercial Bank of Ethiopia Wegagen Bank Enat Bank United Bank Awash Bank Nib International Bank Addis International Bank COMPANY PROFILE NILE INSURANCE

7 Our People Currently, Nile has reached 370 in terms of workforce squad. We have the most qualified, experienced and competent employees in the industry. These include: Gender Profile Qualification Profile Total Masters Degree 16 BA/BSC 171 Diploma 96 Technology We are the first in the industry to launch and implement modern information technology applications like PREMIA-insurance software, to enhance the company s service competence by way of automation and branches networking. Our Distribution Channels Presently, we have 41 networked branches both in Addis and regional cities rendering convenience and proximity to our customers. Moreover, we also work with more than 50 renowned Insurance brokers and 250 qualified insurance sales agents. NILE INSURANCE COMPANY PROFILE

8 Our Branches A. Addis Ababa Branches Tewodros Addisu Gebeya Megenagna Kolfe Addis Ketema Abakoran Lideta CM Life Gerji egehar-main branch Kirkos Bole Tele Medhanialem Urael Beklobet Gotera Lebu Gofa Kaliti COMPANY PROFILE NILE INSURANCE

9 B. Regional Branches Shire Humera Mekelle Gonder Semera-Logia Bahirdar Woldiya Debremarkos Jimma Adama Dessie Diredawa Nekemt Wolayita Soddo Mizan Teferi Debrebirhan Dilla Hawassa Butajira Modjo Bishoftu NILE INSURANCE COMPANY PROFILE

10 Life is beautiful. Insure it. COMPANY PROFILE NILE INSURANCE

11 ናይል ኢንሹራንስ የወደፊት ዋና መስሪያ ቤት Nile Insurance Soon to be Headquarters... 3B+G+25 NILE INSURANCE COMPANY PROFILE

12 Contact us to learn more Nations and Nationalities Square, Gotera, Nile Insurance s.c Telephone Fax nileinurancesc.com

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