About us

NISCO at a Glance

NISCO at a Glance
  • One of the leading Private insurance companies in Ethiopia
  • Repetitively recognized as the most profitable insurance company
  • Our fundamental business philosophy is “ Easy to Do Business with (ETDBW)
  • Well proven track record in carrying out customers’ risk for 26 years
  • Known for its professionalism
  • Known for its unique and quality customer services
  • Recognized as one of Africa’s Top 5 Best Insurance Companies in 2019 by African Insurance Organization (AIO)

An overview

Nyala Insurance Share Company (NISCO) was founded in July 1995 following the liberalization of the insurance business to the private sector in 1994 with the Licensing and Supervision of Insurance Business Proclamation No. 85/1994. Read more...


Apart from its major investments in real estates in the downtowns of Addis Ababa, Bahir Dar and Nazareth, Nyala Insurance selectively invests in various financial institutions like Dashen Bank, which have potentially high investment returns. Read more...


Contact us

Protection House, Mickey Leland Street

Tel: +251-11-6626679/80/76