Liability Insurance

Public Liability


This policy is mainly for all business units exposed to liability arising out of accidents during the course of business operations.

Scope of cover


This policy indemnifies against amounts one is legally liable to pay as damages to the third party victims of an accident which include:

  • compensation for accidental death, bodily injury or disease to third parties;
  • damage to or loss of property belonging to third parties arising out of an accident, including legal costs incurred;
  • legal and civil liabilities of the directors and officers of the company;
  • all amounts one is legally liable to pay for third party including legal costs and expenses subject to limit of indemnity;



Some of the basic exclusions are:

  1. Bodily injury of any person under a contract of employment with the insured, if such injury arose out of and in the course of his employment;
  2. The transportation of materials and/or hazardous or dangerous substances outside the insured's premises;
  3. Pollution of any kind and terrorism.

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