Celebrating the past to awaken the future.
1994
established by 87 Ethiopians from all walks of life
1997
The Company obtained the license for Life Insurance business
2000
acquisition of a relatively younger and smaller insurance company, then known to be 'Lion Insurance Company SC',
2000
The Ministry of Labor and Social Affairs, which floated a tender two weeks ago to award domestic worker life insurance coverage for Ethiopians working in Arab countries, awarded the contract to United Insurance Company
2019
The 25-year-old United Insurance inaugurates a 300 million birr building five years after the groundbreaking ceremony. The new high rise sits on a 2,000 sqm plot around ‘Tewodros Square’. The 12-storey building has three basements which can be used to park 500 cars.
2021
The number of the Company’s shareholders exceeded 500. The paid up capital of the Company grew to ETB 473 million
2021
the Company's staff complement stood at 434 out of which 215 were men and 219 were women.
2021
Award recognizes company’s exceptional commitment to cede treaty business to Ethiopian Re on voluntary basis
2021
The Association of Ethiopian Insurers (AEI) gives recognition of a lifetime achievement award to the prominent insurance gurus Zafu Eyesuswork for their contribution to the growth of the Ethiopian insurance industry who has contributed over 58 years to the insurance industry
2021
Doubling to a billion birr.
2018
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2014
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2018
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2023
Generates more than one billion birr in premiums. The firm’s great stride was also anchored by increased capital and in contrast to what was anticipated, earnings per share also increased dramatically.
March 2024
Private insurer United invests 30 million Birr in Ethiopia’s stock exchange
September 2024
Our essence is centered around the idea of Collaboration, trust, shared goals,strength and power of unity needed in securing and protecting our tomorrow for individuals, families, and businesses.
