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NIB 
Insurance Company

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Website Statistics

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(a)  General Information

Year of Establishment

May 2002

Current Operational Area (s)

Nib Insurance Company is currently operating in Addis Ababa City Administration

Future Expansion Plan

Nib Insurance Company has a plan to expand to:

• Diredawa and

• Southern part of the country.

Total Number of Branches Opened so far

5 branches operating in Addis Ababa.

Total Number of Clients Served So far/ Number of policies

1,000

(b)  Terms and Types of Insurance Services/Policies

  Time needed to process and get services and amount of premium

General Criteria for client (risk) eligibility of Insurance Coverage

Clients should have good claim experience.

Type of clients addressed so far:

• Privately owned entities;

• Individuals

• NGOs

Application/proposal form:

Each insurance coverage has its own application/proposal form.

Plan to avail Services to Micro and Small Entrepreneurs (MSEs)

Nib Insurance has a plan to avail its services to the MSEs. 

Service Out-let

The services of the Company are accessible through its branch offices. Other channels such as cooperatives, farmers association and community-based organizations are also envisaged to be used.

Head Office

Telephone:  +251-1-535130 or +251-1-528165

Fax:  +251-1-528193

E-mail: nibinsgm@telecom.net.et

P.O.Box:  285, Addis Ababa, Ethiopia

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