Building the Future of
Insurance in Ethiopia
Standard Insurance S.C. is a community-driven institution with a subscribed capital of Birr 305.9 Million.
Our Foundation in Numbers
Standard Insurance S.C. is built on a bedrock of community trust and substantial capital, dedicated to securing the future of our 1,749 pioneering subscribers and the wider Ethiopian public.
Built on Community, Driven by Excellence
Standard Insurance Share Company (SISCo) is a dynamic and community-driven insurer committed to providing accessible and reliable insurance solutions across Ethiopia. Licensed by the National Bank of Ethiopia (NBE) on October 1, 2025, SISCo operates as the nation’s 19th insurance provider, backed by broad-based ownership and a solid financial foundation.
Guided by its vision to become Ethiopia’s most trusted and inclusive insurance provider, SISCo combines modern digital infrastructure with grassroots origins to deliver innovative products, including micro-insurance and Takaful offerings. Our commitment to integrity, customer excellence, and financial resilience ensures that clients are supported today and prepared for the future.
Message from the CEO
“Welcome to Standard Insurance S.C.
The foundation of Standard Insurance S.C. was laid with a singular vision: To become the most trusted insurance company”. Standard Insurance S.C. got its operational license on October 1, 2025, marking the start of this ambitious journey.
We bring together seasoned insurance expertise with a forward-looking, digital-first mindset. This unique combination enables us to offer security that is both profoundly reliable and seamlessly integrated into your life. We understand the dynamic spirit of Ethiopia, and we are building our services to empower it.
Our commitment is to act with unwavering financial responsibility and operational excellence from our first day forward. We are here for the long term, dedicated to safeguarding your tomorrow with the highest standards of professionalism.
I invite you to be part of our story from the beginning. Let us build a secure and prosperous future, together.
Your trust, our standard
Solomon Assefa
Chief Executive Officer, Standard Insurance S.C.
Our Reinsurance Security
Our operations are backed by carefully selected local and international reinsurance partners with strong financial ratings and extensive industry experience. This robust reinsurance support enhances our underwriting capacity, safeguards policyholders’ interests, and ensures our ability to meet obligations even under large or complex claims.
Core Insurance Solutions with Standard Insurance
Whether you are securing your family’s home or protecting a multi-million infrastructure project, Standard Insurance S.C. provides the precision coverage you need.
Non-Life Insurance
We offer tailored non-life insurance: property (protects buildings, vehicles, equipment from fire, theft, damage), liability (covers third-party injury/damage claims), plus marine, pecuniary, and bond guarantees for individuals and businesses.
Life Insurance
Individual & Group Life: Secure your family’s future or provide benefits for your employees.
Our Partners
Awach SACCO
Amigos SACCO
Yehulu SACCOS
Tederash SACCO
Yegna Microfinance S.C.
ProInvest Capital PLC
Protect What Matters Most
Standard Insurance is fully operational and committed to providing dependable coverage for individuals and businesses. Our focus is on delivering practical, responsive services that meet real needs.
For inquiries about our products and services, please contact our office.
