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United Insurance Company S.C.

ዩናይትድ ኢንሹራንስ

68Score

★★★☆☆3.3

Customer satisfaction · 100K members

NBE: Early Private Insurer(2026)

United Insurance Company is one of the first private insurers in Ethiopia post-liberalization (1994). It offers a diversified insurance portfolio with a growing branch network across the country.

Overall Score

68/100

Founded

1994

Headquarters

Addis Ababa

Type

private

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Key Metrics

Established

1994 (post-liberalization)

Status

Early mover in private insurance

Portfolio

Diversified insurance

Network

Growing branch presence

Editorial Ratings

NBE: Early Private Insurer(2026)

Rating: Early mover — diversified portfolio (max: #1)

68National

Coverage Highlights

✓One of first private insurers post-liberalization
✓Diversified insurance portfolio including health
✓Growing branch network across Ethiopia
✓Established brand with 30+ years history

Pros

✓Early mover advantage in private insurance
✓Diversified product portfolio
✓Established brand with 30+ years of history

Cons

✗Limited health-specific data publicly available
✗Smaller than Awash Insurance in revenue
✗Limited digital presence and online tools

Frequently Asked Questions

When was United Insurance founded?

United Insurance was founded in 1994, making it one of the first private insurance companies in Ethiopia after the market liberalization.

Does United Insurance offer health coverage?

Yes. United Insurance offers health insurance as part of its diversified insurance portfolio, though specific health product details are limited.

How does United Insurance compare to Awash?

While both were founded in 1994, Awash Insurance has grown to become the private market leader by revenue. United Insurance maintains a diversified portfolio but at a smaller scale.

Quick Summary

InsurerUnited Insurance Company S.C.

Country🇪🇹 Ethiopia

Overall Score68/100

Satisfaction3.3/5

Members100K

Typeprivate

Founded1994

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