Türkiye Sigorta provides assurance for Turkey’s energy
 
 

Türkiye Sigorta provides assurance for Turkey’s energy through its projects in energy insurance. As of 2020, Türkiye Sigorta reaches a market share of 20 percent in energy insurance with policies providing coverage for facilities that have a combined power generation capacity of more than 10.000 MW.


In line with its belief that national independency in the field of energy can be achieved through investments in both renewable and traditional energy resources, Türkiye Sigorta continues to insure investments in those areas; thus acting as a market maker and providing assurance for Turkey’s energy.


As a company providing quality services with an energy insurance unit that was formed with expert names in the energy field, Türkiye Sigorta issued its first insurance policy after its foundation for the Tuna-1 well in the Sakarya Gas Field, which was Turkey’s largest gas find. As of the end of last year, the company reached a market share of 20 percent in energy insurance with policies providing coverage for facilities that have a combined power generation capacity of more than 10.000 MW.


Energy insurance for national economy


Türkiye Sigorta offers end-to-end solutions for renewable energy projects and investments by also offering consultancy services, Türkiye Sigorta provides coverage not only for the construction/installation phases of renewable energy resources such as hydropower, solar power, geothermal power and wind power plants, but also during their operational stages. Türkiye Sigorta issues energy/construction insurance policies during construction/installation phases, and extends the policies by providing coverage for risks that might be incurred after becoming operational.

 

Insurance company that generates its own power

 

Despite having a really high penetration rate of 70 percent in renewable energy projects, Türkiye Sigorta continues to work towards increasing it to 100 percent as energy sector is one of the main lifelines of economic sustainability and has to cope with high investment costs.
With the aim of leaving a better world and a sustainable life for future generations, Türkiye Sigorta also takes pride in setting an example for many other companies and institutions by generating its own renewable energy via solar panels installed on its head office building in Esentepe.

 
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