Who We Are
Established in 2009, Oromia Insurance has emerged as one of the leading insurance providers, offering a comprehensive range of insurance solutions to meet the diverse needs of our customers. With a strong focus on growth and innovation, we have been on an upward trajectory since our inception, expanding our portfolio of products and services to stay ahead of the curve.
At Oromia Insurance, we believe that insurance is not just about protecting against risk; it's about providing peace of mind and financial security to our customers. That's why we offer a wide variety of insurance products, including Life, General, Takaful, and Micro insurances, to ensure that our customers have access to the coverage they need.
What sets us apart in the industry is our customer value proposition, which is built around operational excellence. We are committed to providing prompt and efficient service, making sure that our customers receive the care they deserve. With a deep understanding of our customers' needs and challenges, we work to provide tailored solutions that meet their unique requirements.
Our mission is to foster long-term relationships with our customers, built on a foundation of trust, transparency, and accountability. We believe that by putting our customers first, we can make a positive impact on their lives, helping them achieve their financial goals and secure their future.
At Oromia Insurance, we are passionate about what we do, and we are committed to staying at the forefront of the industry. With our combined portfolios of insurance products, our customer-centric approach, and our focus on operational excellence, we are confident that we can help you protect what matters most.
Number of shareholders
As of March 2024, the number of shareholders reached over 1,130 while the paid-up and the subscribed capital of the Company reached Birr 1billion and Birr 3 billion respectively. Moreover, the diversity of its shareholders, with more than 1.6 million low-income farmers being shareholders of the Company through their farmers’ cooperative unions, speaks for itself about the Company’s strong social base.
Currently, Oromia Insurance has 62 full-fledged branches and 2 contact offices throughout the country. It also works with a number of sales agents, all insurance brokers, and banks in the country.