About Us
Standard Insurance S.C. is a community-driven Ethiopian insurer committed to providing accessible, innovative, and trustworthy insurance solutions. We protect lives, assets, and businesses while empowering our clients with financial security and peace of mind.
Your trust, our standard
Standard Insurance Share Company (SISCo) is a dynamic, community-driven entrant in Ethiopia’s insurance sector, officially licensed by the National Bank of Ethiopia (NBE) on October 1, 2025, as the country’s 19th insurance provider. Established with a vision to deliver reliable and inclusive services nationwide, SISCo combines broad stakeholder engagement with financial stability to ensure sustainable growth and a competitive position in the market.
- Founded through Awach SACCOS initiative
- 1,747 founding shareholders
- Total capital subscription: ETB 305.8 million
- Initial paid-up capital: ETB 135.6 million
- Resilient and competitive position in the Ethiopian insurance market
Licensed by the National Bank of Ethiopia.
Three strategically located branches in Addis Ababa
Main Branch
Serves as the company’s central corporate and administrative hub, overseeing underwriting and claims operations.
Haya Hulet Branch
Located in a key commercial district, supporting the needs of the city’s active business community.
Summit Branch
Positioned in the rapidly growing eastern corridor of Addis Ababa, serving expanding residential and emerging commercial areas.
Corporate Identity
Vision
To become the most trusted and inclusive insurance provider.
Mission
To secure and empower Ethiopia’s future by providing accessible and innovative insurance solutions. We combine technology, local insight, and integrity to deliver exceptional value and maximize stakeholder benefit.
Motto
“Your trust, our standard.”
Core Values
Customer Excellence
We strive to exceed client expectations through responsive and reliable service.
Integrity
We conduct our business with transparency, honesty, and accountability.
Agility
We embrace innovation and technology to adapt quickly to changing needs.
Inclusion
We promote equitable access to insurance for women, youth, and rural communities.
Resilience
We maintain financial prudence while contributing to social responsibility.
Collaboration
We build strong partnerships to create shared value and lasting impact.
Why Choose Standard Insurance?
In today’s fast-paced and volatile business environment, risks are no longer mere incidents; they are direct challenges to a company’s survival and strategic growth. SISCo provides a structured financial buffer that helps organizations withstand operational, financial, and catastrophic challenges, reducing exposure to sudden losses and instability.
SISCo serves as the strategic engine of your risk management framework, transforming these vulnerabilities into an organized and manageable structure. We do not view insurance as a simple transaction; instead, we provide a proactive solution that integrates loss-control analytics with practical mitigation strategies.
Leveraging SISCo’s specialized expertise, we shift the focus from reactive “damage repair” to “pre-emptive prevention” and “resilience.” This approach ensures that potential disruptions are identified and resolved before they can impact your business operations.
Choosing SISCo means selecting the Standard of Financial Solidarity—the strength and endurance needed to navigate today’s complex market landscape. Our strong capital base supports long-term stability and confidence.
SISCo stands at the forefront of the industry due to its superior capital adequacy, transparent and modern underwriting standards, and an unmatched reputation for claims-paying reliability.
By aligning with a partner committed to legal integrity and technological agility, we ensure that your risk protection framework is as resilient as your business itself, providing ultimate security for your stakeholders and your future.