Lucy Insurance Re-validates its Vision and Mission Statements

Concludes preparation of five year Strategic Plan

Lucy Insurance S.C. has concluded the preparation of the second five year strategic plan that is to serve as a road map for the years from 2020/21 to 2024/25.

The strategic plan that gives special focus on growth and expansion is believed to raise the company’s market share by withstanding the competition in the industry.

Through its Vision 2030, the company aspires to be one of the best five insurance companies in Ethiopia by 2030 by advancing service excellence and by providing diverse products to customers. The company has also revalidated its mission statement in a view to address customer and stakeholder satisfaction and discharging corporate social responsibility.

The Strategic Plan that has been thoroughly reviewed and approved by the company’s Board of Directors is to come into force from the upcoming year 2020/21.