Bunna Insurance S.C Profile

Bunna Insurance S.C. was established by 237 Shareholders on the 25th of May 2013 with an initial Paid-Up Capital of Birr 6,715,000 to provide General Insurance Service to the public. The Company is registered by licensing and supervising body of the National Bank of Ethiopia under proclamation No. 86/1994 and license No.019/13. The Company has commenced its operation on August 1, 2013.To make the Company competent in the sector, to build its reliability among Customers and to comply the capital requirement as per Directive No S/B/34/2014 of the National Bank of Ethiopia, currently, the Paid up Capital of the Company is over Birr 78.8 million.

The Amharic word “Bunna” refers “Coffee” in English. Ethiopia is the birthplace of Coffee. Coffee is the backbone of the economy and has social and cultural significance in Ethiopia. In all directions (East, West, South and North) of the Country, regardless of social status and religion, Coffee is drinking with ritualized ceremony. An invitation to attend a coffee ceremony is considered a mark of friendship or respect and is an excellent example of Ethiopian Hospitality.

Vision

✔ Our vision is to become Customers’ First Choice Insurance Company

     

Mission

✔ To deliver high quality underwriting and claims services and solutions to a diverse range of clients in a timely, efficient, and friendly manner

Goals

✔To deliver high quality underwriting and claims services and solutions to a diverse range of clients in a timely, efficient, and friendly manner.
✔ To build and develop long term relationships with our Clients.
✔ To be a recognized leader in the Insurance Industry, with outstanding practices and excellent customer services.
✔ To be responsible and active in our role in the economy

 
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