About Us

Establishment
Objective
Core values
Mission/Vision

Establishment

Negat Insurance Broker S.C. was founded in 2004 with a clear vision: to provide Ethiopians with expert, personalized insurance solutions. Our story began with two individuals driven by a shared passion for safeguarding individuals and businesses. One, a seasoned insurance veteran with 22 years of experience, intimately understood the intricacies of risk management. The other, a self-made business expert, possessed a deep understanding of the challenges and opportunities facing Ethiopian businesses. Together, they recognized a need for independent, client-focused insurance advice and set out to build a brokerage founded on integrity, expertise, and a commitment to putting clients first.

Objective

From our humble beginnings, we’ve grown into a trusted name in the Ethiopian insurance market. We are licensed by the National Bank of Ethiopia and registered with the Addis Ababa City Government, adhering to the highest standards of professionalism and regulatory compliance. Our independence is our strength. Unlike agencies tied to a single insurer, we partner with all reputable insurance companies operating in Ethiopia. This allows us to offer you a diverse range of options, ensuring we find the perfect policy to meet your unique needs and budget.

Core values

Our core values are the bedrock of our business:

Client Focus:

Your needs are our priority. We take the time to understand your specific situation and provide tailored advice that protects what matters most to you.

Integrity:

We operate with transparency and honesty. You can trust us to provide unbiased recommendations and act in your best interests.

Expertise:

Our team possesses in-depth knowledge of the insurance landscape. We navigate the complexities of policy options, ensuring you understand your coverage and make informed decisions.

Commitment:

We are dedicated to providing ongoing support. From policy selection to claims assistance, we are with you every step of the way.

Mission/Vision

Negat Insurance Broker S.C. was founded in 2004 with a clear Mission and Vision

Mission:

To empower individuals and businesses in Ethiopia to achieve their goals by providing expert insurance solutions and personalized risk management strategies.

Vision:

To be the leading and most trusted insurance brokerage in Ethiopia, recognized for our commitment to client success and innovative solutions.

Get in touch

+251 11 551 2188

Chirkos Sub City, Mexico KK Tower 5th floor Office No. 56-2

Location

About Us

Protecting Your Future, Built on Experience and Trust

Establishment
Objective
Core values
Mission/Vision

Establishment

Objective

Core values

Our core values are the bedrock of our business:

Client Focus:

Your needs are our priority. We take the time to understand your specific situation and provide tailored advice that protects what matters most to you.

Integrity:

We operate with transparency and honesty. You can trust us to provide unbiased recommendations and act in your best interests.

Expertise:

Our team possesses in-depth knowledge of the insurance landscape. We navigate the complexities of policy options, ensuring you understand your coverage and make informed decisions.

Commitment:

We are dedicated to providing ongoing support. From policy selection to claims assistance, we are with you every step of the way.

Mission/Vision

Negat Insurance Broker S.C. was founded in 2004 with a clear Mission and Vision

Mission:

To empower individuals and businesses in Ethiopia to achieve their goals by providing expert insurance solutions and personalized risk management strategies.

Vision:

To be the leading and most trusted insurance brokerage in Ethiopia, recognized for our commitment to client success and innovative solutions.

Get in touch

+251 11 551 2188

Chirkos Sub City, Mexico KK Tower 5th floor Office No. 56-2

Location

Management

Leading our team is Managing Director, Ato Hailemichael Kembata, a Chartered Insurance Broker with over 22 years of experience at the Ethiopian Insurance Corporation. His expertise in underwriting, claims, advisory, and training provides invaluable guidance to our clients. Deputy Managing Director, Col. Tigistu Sahle, brings over 13 years of sales experience and a deep understanding of the market. Together, their leadership, combined with our dedicated team, ensures you receive the highest quality service.

Managing Director
Deputy Managing Director

Ato Hailemichael Kenbata.

Managing Director

Overview on the Managing Director

Ato Hailemichael Kenbata.

Managing Director

He holds Insurance Diploma by examination from the Chartered Insurance Institute of the UK. He has over 22 years experience in the Ethiopian Insurance Corporation, particularly in underwriting, claims, advisory, training. organization and methods. Currently, he is a Chartered Insurance Broker designated by the Chartered Insurance Institute (UK).

Curriculum Vitae

Name	HaileMichael Kembata
Marital Status	Married
Age	74

University:	B.A. in Public Administration, Addis Ababa University, September 1977
High School:	Harar Teachers Trairing institute, Harar, Hararghe, 1965-1967. Ras Desta Damtew, Yirga lem, Sid imo, 1963-1964.
Elementary:	Leku, Sidamo, 1957-1963

Certificate	Certificate in Risk Management, London, October 1989
Diploma	Diploma in Associate of Chartered Insurance Institute by examination, London, November 1988
Certificate	Certificate in First Computer Programming, National Bank of Ethiopia, Ethiopia, Addis Ababa, December 1986.

Position	Company	Duration
Managing Director	Negat Insurance Broker s.c,	2005- to date
Technical Advisor	, Ethiop an Insurance Corporation,	1998-2004.
Manager, Operations Division.	Ethiopian Insurance Corporation,	1995-1998
Manager, Operations Division.	Ethiopian Insurance Corporation,	1995-1998
Head. Marine and Aviation and Motor	Departments, Ethiopian Insurance Corporation,	1989-1995.
Organizations and Methods Analyst,	Ethiopian Insurance Corporation and	1977-1989
Organizations and Methods Analyst,	Ethiopian Transport Construction Authority, .	1971-1977
Teacher,	Ministry of Education and Fine Arts, Gondar,	1967-1970.

COL. Tigistu Sahle

Deputy Managing Director

COL. Tigistu Sahle is the Deputy Managing Director in charge of marketing. He has a salesmanship diploma in insurance issued by the Ethiopian Institute of Banking and Insurance. He has over 13 years of experience in salesmanship before joining Negat Insurance Broker S.C.

Working With:

Our Partners in the sector

We’re proud of the relationships we’ve built with our clients, from prominent industrial groups like Kangaroo Industrial Groups and Finfine Furniture Factory to established businesses like ENYI General Business PLC and respected institutions such as Endale and Family/Churchil Hotel. These partnerships are a testament to our commitment to excellence and our ability to deliver results.

Working With

Our Partners in the sector