Nib Insurance Company

About Us

Nib Insurance Company (NIC) was founded on May 02, 2002, by 658 shareholders with an authorized capital of Birr 50.0 million and a Paid-Up Capital of Birr 14.0 million, four branches in Addis Ababa, and a staff of no more than 50. The paid-up capital has now reached Birr 250 million, and the number of shareholders has grown to 1,014. Clients can choose between General (Non-Life) Insurance and Life Assurance Services from NIC. Our aim is to deliver dependable and high-quality insurance services while maximizing profitability, achieving long-term growth, building assets, investing, and supporting the country’s overall progress.

Our Business Highlights

Founded in
2002
Type of Financial services
Insurance services
Size
More than 1000 employees
Working Days
Monday to Friday
Business Hours
8am-5pm
Our contact details
Dembel City Center - Second Floor Addis Ababa – Ethiopia
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