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Welcome to Hibret Insurance — where unity and expertise come together to protect what matters most. For about 32 years, we have been a trusted partner, providing reliable insurance solutions to individuals, families, and businesses across Ethiopia.
Our name reflects our core belief that strength lies in unity — working together to serve our customers, empower our employees, create value for our shareholders, and support the communities we operate in.
“Hibret” is an Amharic word meaning unity, union, coming together — principles that lie at the heart of the insurance philosophy.
It reflects our belief in the strength of collective support and the power of standing together, especially in times of need.
Established in 1994 — before most insurers — Hibret was founded first and went on to create Hibret Bank. That heritage of leadership defines everything we do.
We combine seasoned insurance expertise with a refreshingly young, committed team of professionals who put customers first.
Our open-door policy keeps offices accessible without barriers or delays — with extended service hours at all our market outlets.
A dependable capital and asset base, regulated by the National Bank of Ethiopia — with ETB 2B paid-up capital behind every policy.
Hibret Insurance aims to be the best insurer in Ethiopia that is committed to a high standard of excellence.
To provide complete insurance covers at economic rates, honest, prompt, and courteous claims services, through the aid of state-of-the-art technology to fully satisfy its constituencies: Customers, Employees, Shareholders, Society and the Environment.
From our establishment in 1994 to becoming one of Ethiopia's leading insurance providers — guided by a clear purpose: to protect what matters most.
Licensed and commenced General Insurance operations — the beginning of a mission to protect what matters most.
Became the first private insurer in Ethiopia to underwrite Life Insurance.
Played a pioneering role in the establishment of Hibret Bank.
Acquired the former Lion Insurance Share Company — the first acquisition in Ethiopia's insurance sector.
Appointed Mrs. Meseret Bezabih as the first female CEO — a landmark for the industry.
Surpassed ETB 1 billion in premium income — a milestone of sustained growth.
Launched our renewed brand identity, introduced Barakah Takaful, and celebrated our 30th anniversary.
Achieved ETB 1 billion in pre-tax profit — a testament to financial strength.
Became the first insurance company in Ethiopia to obtain Ethiopian Capital Market Authority (ECMA) approval for the registration of its securities on 29 June 2026 — a significant milestone for the Company and Ethiopia's emerging capital market.
Hibret Insurance recognizes the importance of unity and understands that when we come together, we are stronger.
We shall treat the customer as a "King" and/or "Queen". We will ensure that the environment in which service is delivered is conducive and make the service delivery experience memorable.
We shall strive to promote a culture of honesty and integrity and adhere to a set of high moral standards and uphold ethical values.
We recognize that the team shall always be greater than the individuals. While taking personal responsibility for our work, we shall promote teamwork to achieve our corporate goals.
We shall embrace an organizational culture that encourages professionalism, keenness, enthusiasm, creativity, innovation and a sense of urgency so that we are responsive to the dynamics of the internal and external environment in which we operate.
We wish to be the Best Equal-Opportunity Employer in the Country. And strive to undertake actions that are just, equitable, and fair that have a positive impact on the lives of our customers, employees, shareholders and the society at large. We uphold the value of fair Competition: Level playing Field and same Rule of the Game.
In all our undertakings, we shall behave in a socially responsible and acceptable manner.
Whether you need life, health, motor, property, or business insurance — we have a plan for you. Let's find the right coverage, together.
