Page 4 - Turkinsurance Digital Magazine

2 info

Fırat Kuruca is the new Chairman of Pension Monitoring Center

Founded to ensure that Individual Pension System operates
safely and efficiently and protect the rights and interests of
participants, Pension Monitoring Center (EGM) has a new
Chairman. Fırat Kuruca, CEO of AvivaSa, was appointed as
the new Chairman of the organization, and he underlined that
his first priority in his new role would be towards protecting
the rights of participants within the scope of estimated chang-
es to BES and Auto-Enrollment systems, and contributing to
the development of the pension market.

Fırat Kuruca was elected as the Chairman of Pension Monitor-
ing Center which was founded to make sure that the individual
pension system operates safely and efficiently by 18 member
companies.

He made a statement about his new appointment and under- Kuruca also shared his opinions on the new amendments to the
lined that the most important agenda item for EGM was the BES and auto-enrollment systems: “BES (Individual Pension
expected amendment on the legislation of BES and Auto-En- System) has been positioned as one of the top priorities among
rollment systems, and the role of Pension Monitoring Center the structural economic reforms in terms of individual, social
during this amendment process. He added: “EGM will contin- and economic aspects. In the medium and long term, BES
ue to work to make sure that participant rights are protected funds will make vital contributions to the depth of our capital
and all companies in the market get equal representation.” markets, national savings and development of our country.”

AXA Sigorta believes in the power of data

In order to use the big data more efficiently and conduct new improvement areas defined by the AXA Group and lasts for 9
projects about machine learning, AXA Sigorta has designed weeks. It focuses on probability, statistics, machine learning
the “Certificate Program for Data Science Mathematics Ex- and data science which are studied together with the teachers
pertise” in cooperation with Galatasaray University. Pre- of Galatasaray University.
pared especially for AXA Sigorta employees, the program
focuses on probability, statistics, machine learning and data Stating that data is today’s most important capital and the
science in detail. key for growth ad success, CEO Yavuz Ölken said: “As some
economists say, data is as important for 21st century as the
Axa Sigorta continues its journey towards digitalization with oil was for 20th century. Companies that can manage their
new steps for human resources. The company has designed the data accurately and manage to implement data analytics and
“Certificate Program for Data Science Mathematics Exper- machine learning can become successful in this environment
tise” for its employees by cooperating with Galatasaray Uni- where we can collect so much processable data. Their ability
versity within the scope of “Employee 4.0” perspective, which to analyze big data through several methods and draw mean-
is a by-product of its “Insurance 4.0” strategy initiated in ingful and rational conclusions have a direct influence on
2018. The program has been prepared in accordance with the strategy determination, profitability and long-term sustaina-
bility in the coming terms.

AXA Group conducts research and development studies in this
regard all around the world. Therefore, we have many projects
that have been developed through data analytics and machine
learning in Turkey, too. In this rapidly developing environ-
ment, the main factor that will ensure the sustainability of our
achievements is to reinforce the knowledge and capabilities
of our colleagues within the scope of our Insurance 4.0 ap-
proach. For this reason, we continue to support the develop-
ment of our employees through strong university partnerships.
This certificate program is conducted around risk modelling,
loss expectancy, actuarial pricing and data analysis, and is
of vital importance for the personal development of both our
employees and our company.”