NICE Insurance Needs to be More Friendly




National Insurance Company of Ethiopia (NICE) is the first private company, established in 1994, to engage itself in General Insurance. It was locally a moment of truth, at a time when few entrepreneurs dared to invest their contributed shares. It was the first stride to officially get out of the controlled economy of the country.

This friendly insurance company has many sympathizers. I am one of them, as a long-time corporate customer.

I am of the opinion that NICE’s board members and top management group have to critically assess why their company is lagging far behind. As a result, they have to reinstate and maintain their renowned customer service. Your newspaper reported that the Deputy CEO has been forced out of his post (Fortune Newspaper, Vol 17, No. 870). He proclaimed to be a broker after obtaining licenses from the National Bank of Ethiopia. The bank very well knows his prominence in the insurance industry.

The vacant post of the deputy CEO should be replaced by a person who has high integrity, quality leadership and proven interpersonal relationship.

We all wish our friendly NICE to remain nice as used to be.

Longtime Customer.

 



Published on [


SHARE :
               


Editorial

Last week Diriba Kuma, mayor of Addis Abeba, was in attendance for the...


Agenda

Despite widespread concerns over foreign exchange crunch in the economy...


Fineline

There could perhaps be no political party in the wo...


Commentary

With recent events in the country such as mild earthquakes, the need to...


Viewpoint

Though Ethiopia is the first African country to make modern laws, inclu...


Opinion

In the 16th Century, Polish astronomer Nicolaus Copernicus published a...


View From Arada

A mountain of garbage that had accumulated in "koshe" gave way to a lan...


Editors Pick














MEMBERS' LOGIN

ADVERTISEMENT

SUBSCRIBE TO ADDISFORTUNE

Subscribe to our Newsletter

* indicates required


ADVERTISEMENT