The purpose of doing this paper is to let us understand insurance in a better way, which is practically. We include the company profile in the first section we also try to define the terms life insurance, property insurance and liability insurance. As we have been asked to do, we tried to assess the insurance system of the lion insurance share co. We try to assess lion insurance performance particularly in the area of * If it gives life protection * The type of property insurance * The type of liability insurance * the underwriting process * the special type of insurance protection it gives Finally, we try to give a very brief recommendation from what we observe and saw.
Doing this paper help us a lot because it let us understand the insurance system in a very better way. We gather information from interviewing and we found the company profile from their broacher used to advertise their company we also use internet for general understanding about insurance.
We did not face any limitation because we get a very great support from lion insurance share co. from the secretary to general manager. We appreciate their way of treating every customer including us who wanted help from them.
Company Profile
Lion insurance company was established by over 300 prominent business people and compatriots on June 2007. it was established with a paid –up capital of over birr 16 million and subscribed capital of over birr 66 million, lion insurance company sc has strong financial capacity from the outset.
Objective
* Undertake and carry general insurance activities ,life insurance, retirement insurance, medical insurance, personal accident insurance and re insurance * Enter in to co –insurance and re-insurance contracts on the business the company transacts * Engage in other activities included to the companies objectives
Logo
* It depicts an inner commitment to be strong and dependable like lion
Vision
* To