About Us



On a sky blue circle background three letters AIC (Awash Insurance Company) are engraved in white;on top of the middle letter there is trifoliolate ,three leaves in green representing bright future,growth and prosperity.

Awash Insurance Company S.C. (AIC) is one of the first few pioneer private insurance companies in Ethiopia launched following the liberalization of the financial sector in 1994. Founded on a solid base and uniquely on cross-sectional composition,AIC is progressing in renewing its commitment to excellence.

We always work for the maximum satisfaction of our customers who rely on us and who have put their confidence in our Company.


“AIC exists to provide diversified general and long-term insurance services to its esteemed customers with great excellence, profitably, and ethically through the application of state-of-the-art technology.”


The Vision of Awash Insurance Company S.C, is
" to be the leading and the best insurance service provider"

Aims and Objectives:

  • Carry out all types of general and long-term insurance and reinsurance businesses in Ethiopia;
  • Provide customers with clear, up-to-date and helpful professional advice;
  • Make sure that the protection provided is inline with the requirements of customers;
  • Invest in businesses incidental to insurance in accordance with the regulatory standard;
  • Initiate, promote and uphold the actualization of lucrative businesses by financing or investing in them to maximize the Shareholders' benefits;
  • Work with all concerned to enhance the awareness about insurance among the general public;and
  • Work severally and hand-in-glove with all concerned to enhance the awareness about insurance among the general public; and
  • Facilitate, guarantee and help accelerate socio-economic development of the country in serving the economy as rear guard there by,contribute its part to the sustainable growth of the economy.

The five core values of AIC, which read AWASH,are presented under here:

  • Agility ;
    • Liveliness and Dexterity
    • More quickly and easily
    • Service Excellence
    • Zero tolerance to inefficiency and indifference
  • Winning Spirit;
    • Unbeatable Business Strategy
    • High Performance Culture
    • Strategic Governance and Leadership
  • Adaptability;
    • Commitment to Continuous Learning and Improvement
    • Adaptation to Change in the Market Landscape
    • Application of the State-of the -Art Technology Solutions
  • Social Responsiveness,and
    • Environmental Friendliness
    • Corporate Social Responsibility
    • Socio-Cultural Relevance and Indisputable Reputation
    • Pursuit of National Interest
  • Harmony.
    • Strong Team Spirit
    • Synergy and Performance Management
    • Professional Ethics, Accountability and Transparency
    • Organic Growth

የአዋሽ ኢንሹራንስ ኩባንያ ትርፍ(2015/16)
​አዋሽ ኢንሹራንስ ኩባንያ አ.ማ. በተጠናቀቀው በጀት ዓመት ከብር 104.6 ሚሊዮን በላይ አተረፈ:: Read More

The CEO Is Awarded Doctor of Business Administration(DBA) Degree.
Tsegaye Kemsi Aredo, the CEO of Awash Insurance Company S.C. is awarded degree of Doctor of Business Administration(DBA) Specializing in Insurance Management Honoris Causa  by the prestigious Common Wealth University. Read More

አዋሽ ኢንሹራንስ በግማሽ ዓመት አፈጻጸም ::
አዋሽ ኢንሹራንስ ኩባንያ የግማሽ ዓመት የስራ አፈጻጸም ግምገማ ከጥር 27 እስከ ጥር 29 ቀን 2008 ዓ.ም በሶደሬ ሪዞርት ሆቴል በካሄደበት ወቅት ኩባንያው በግማሽ ዓመቱ ከጠቅላላ ኢንሹራንስ ዘርፍ ብቻ ብር 246 ሚሊዮን አረቦን መሰብሰቡን የኩባንያው ዋና ስራ አስፈጻሚ አቶ ፀጋዬ ከምሲ ገለጹ፡፡

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AIC Earns a Premium of 267 Million in the Mid-Year.
AIC staff became shareholders.The mid-year performance review Meeting of Awash Insurance Company for the year 2015 - 16 was held at Sodere Resort Hotel, from February 5 - 7, 2016.

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Contact Information

Awash Insurance Company S.C.
Awash Towers,
Ras Abebe Aregay Street,

Kirkos subcity,Woreda 7
Tel.  +251-011 5 57 00 01
Fax: +251-011 5 57 02 08

E-mail: aic@ethionet.et/aic@awashinsurance.com
P.O.Box 12637
Addis Ababa, ETHIOPIA

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