Awash Insurance
Providing exceptional general insurance, life insurance, and Takaful services with 30 years of remarkable stability and customer trust.
Company Name
Awash Insurance
Founded
October 1, 1994
Commenced Operations
January 2, 1995
Country
Ethiopia
Main Activity/Service
General Insurance, Long term (Life) Insurance and Takaful Business
Ownership structure
A private share company with more than 2181 individual and corporate shareholders.
Principal Banker
Awash Bank
Capital & Assets Overview
Business Experience & Track Record
Profitable throughout its 31 years of service with a strong track record of remarkable investment returns.
Customer Base & Workforce
Among private insurance companies
Many gigantic companies and organizations (both private and public) are part of our ever-growing customer base.
Reinsurance Arrangement
Highly dependable reinsurance program
The reinsurance program for Awash Insurance is one of the most dependable arrangements in the industry, ensuring strong financial backing and risk protection.
Lead Reinsurers
Munich Re (A+) and Africa Re (A), rated by globally acclaimed agencies such as S&P and A.M. Best.
Treaty Followers
- Ethio Re
- PTA Re
- East Africa Re
- Societe Centrale de Reassurance
- Continental Reinsurance
- QBE Insurance
- GIC Re
Reinsurance Brokers
Afro Asian, Nasco, Fair Insurance & Reinsurance, APEX, and Genesis Risk Managers.
Outstanding Features
What sets Awash Insurance apart in the competitive insurance landscape
Modern Headquarters
Owns an ultramodern headquarters building located at the heart of the metropolis.
Advanced Technology
Provides technologically advanced and automated services in General and Long-Term Insurance systems.
Proven Stability
Strong stability with a remarkable and consistent business track record.
Strong Shareholder Base
Built on a solid and broad-based foundation of trusted shareholders.
National Coverage
Ever-growing presence with strong organizational capacity across the country.
Efficiency & Transparency
Committed to delivering efficient, transparent, and reliable services.
Skilled Workforce
A loyal and dedicated team combining youthful energy with experienced professionals.
Customer-Centric Innovation
Flexible and innovative approach tailored to evolving customer needs.
Strategic Banking Partner
Backed by Awash Bank — the first private bank post-liberalization.
Reliable Reinsurance
Highly dependable reinsurance program ensuring financial security.
Tailored Insurance Products
Affordable and customized insurance solutions suited to customer needs and budgets.