Lion Insurance Company

About Lion Insurance Company (S.C.)

Established in June 2007 by over 300 shareholders, Lion Insurance Company (S.C.) has a broad public base. Registered at an ever higher initial paid-up capital of Birr 16 million and a subscribed capital of Birr 66.4 million, the Company is one of the highest capitalized companies in the private insurance sector.

 Lion Insurance Company (S.C.) is licensed to transact all life and non-life insurance products. Presently, it is providing a full range of non-life products to the public.

Vision

To become the first choice Insurance Company of customers in Sub-Saharan Africa.

Mission

To excel in performance to the satisfaction of all stakeholders in providing comprehensive insurance covers and venturing to engage in diversified investments by employing competent expertise and applying up-to-date technologies.

Values:

Passion for Customers - To internalize that customers are the reason for our existence where we pursue to meet their utmost satisfaction.

Professionalism - To set high quality performance standards and embody convenience in the way we do and deliver our products and services.

Empowerment - To give latitudes for employees to release their latent potentials and to initiate them to be self-starters in addressing Company concerns.

Integrity - to prevail transparency and ethical behavior at individual and Company level.

Cooperation and Partnership - To work together with competitors and other stakeholders to promote the progress of the Industry and attain mutual benefits.

Social Responsibility - To pay due respect to social values and contribute to welfare programs.

Products

Lion Insurance Company (S.C.) provides all general insurance products. These include motor, property, marine, engineering, bonds, pecuniary and liability insurance products. While there are a number of standard insurance policies under each type, each may also be tailored to meet individual customer’s specific demands.

Moreover, Lion Insurance Company (S.C.) provides insurance and risk management advisory service to its customers. Areas covered include safety, security, personal accident and medical coverage as well as areas where the customer may get benefit if indeed the option of self-insurance is preferred.

• Engineering insurance provides benefits that guarantee against losses during construction activities. Objects that become insured, among others are all well construction activities / civil engineering works and installation of machinery, industrial machinery and electronic equipment installations.

The common types of Engineering insurance policies are:

• Contractors’ All Risks Insurance (CAR),
• Contractors’ Plant and Machinery Insurance (CPM),
• Erection All Risks Insurance (EAR),
• Electronics Equipment Insurance (EEI),
• Boiler and Pressure Vessel Insurance

Come and visit for Reliable Service and Dependable Capacity!!!