Company Establishment
Tsehay Insurance S.C. (TISc) was established by 105 Shareholders on 28th of March 2012. The shareholders are prominent Individuals and Business Organizations. The company is registered by the National Bank of Ethiopia under proclamation No.86/1994 and license No.017/12. To get public trust at the initial stage, TISc commenced its operation with a subscribed capital of birr 45 million and paid up capital of Birr 11,480,000, which was then by far higher than the minimum limit of Birr 3 million, having three branches in the city of Addis Ababa
Vision
To be one of the top five insurance companies in Ethiopia in 2032
Mission
We are committed to provide quality and innovative insurance products and engage in diversified investment through maintaining ethical standards in all aspects of our business operation so as to ensure benefit to the policyholders, shareholders, employees and the society at large
Our Core Values
- committed to prompt and reliable service
- Serving with utmost respect
- Teamwork
- Integrity and fairness
- Promise-keeping
- Confidentiality
- Creativity and Dynamism
- Corporate Social Responsibility (Recommended as additional value set)
Board of Directors
Executive Management
Company Profile
Company Profile
- Company Name:TSEHAY INSURANCE S.C.
- Founded: March 28, 2012.
- Commenced Operations with:
- Subscribed capital of Birr 45 million
- Paid up capital of Birr 11.5 million
- Starting Operation by 3 Branches in the city of Addis Ababa
- Country: Ethiopia
- Main Activity/Service:General Insurance Business.
- Capital:Subscribed ETB 500 million and Paid up ETB 292.1 million as at September 30, 2022.
- Asset:Over ETB 1.313 Billion
- TISc Distinctive Features
- Quality Service System and Quality Policy Statement
- Product/Service Development Program
- Unique Pricing Standard
- Customer Service Benefits and Award Program
Corporate Culture
- Among the very distinguishing features of TISc is the presence of family-type corporate culture.
- The company primarily focuses on the wellbeing of it employees and satisfaction of its customers.
- Customer Service Guidelines and Corporate Culture
- Customer
- Serving more than 45,000 Customers as at June 30,2021
Our Reinsurance Treaties & Facultive Are Led By:
- Africa Re
- LLOYD'S
- Swiss Re
- Ocean Reinsurance
- BEST
- Ethiopian Reinsurance
- ZEP-RE (PTA Reinsurance Company)
- GRC (Ghana Re)
- Continental Reinsurance
- KENYA RE
- WAICA RE
- AFRO-ASSIAN
- APEX
- J.B. BODA
- Xperitus
Company Performance
