In June 2010 GIC had paid up capital of 20 million Ethiopian Birr from 135 shareholders. It is now operating in 12 branches of which 7 are in Addis Ababa. The company has 131 employees.The new 8 story GIC Head Office Building at area known as Somali Tera has now been completed at a cost of 20 million Ethiopian Birr from own fund and has started operation as of October 2008.
Welcome to Global Insurance Company (GIC)
About Global Insurance Company (GIC)
Global Insurance Company (GIC) was established in 1997 by 23 founding members at an initial paid up capital of 3.75 million Ethiopian Birr in a small office in the old airport area and one contact office in Arada Sub City.
Vision, Mission, and Goals
Our VisionPlay dynamic role in the local market
- Provide efficient and effective service to customers
- Focus on viable investment alternatives
- Seek long-term relationships with our customers, based upon quality of service and productivity improvement, not lowest price
- Respect the dignity, rights and contributions of our employees
- Attract and retain a skilled workforce by adhering to a stringent recruitment policy
- Continue to improve the quality of our services for our customers
- Continue to improve the mechanism for identifying and satisfying customer needs through our Insurance Total Quality Management Program.
Global Insurance Company S.C.
Gobena Aba Tigu Street |Somale Tera|
Global Insurance Main Building
P.O.Box: 180112 Addis Ababa, Ethiopia