Page 24 - Turkinsurance Digital Magazine

22 at a glance

Dr. Suat Didari appointed as the Assistant General Manager of Auto Insurance
Business at Allianz

Allianz Turkey continues the Auto Insurance Business and Executive Committee Mem-
new appointments for ber.
the new term. The com-
pany intends to reinforce After graduating from İstanbul Technical University, Depart-
its agile working mod- ment of Mechanical Engineering, Suat Didari received his
el through senior level Master’s and PhD degrees in engineering from the same uni-
appointments with the versity. He also studied International Management at İstanbul
aim of meeting customer University, School of Business Institute of Business Adminis-
needs as fast as required tration and received another Master’s degree from Yeditepe
by the era we live in, University, where he studied Business Administration. He be-
and enhance coopera- gan his career at İstanbul Technical University as a Research
tion within the working Assistant in 1987. He started working at Uzel Makine San-
environment. Within this ayi A.Ş in 1995 and served at several different positions for
respect, Auto Insurance 13 years. He joined Allianz Turkey family in 2008 as Senior
Lead position, which was Project Manager. After that, he worked as Planning and Con-
left vacant after Fahri Kaan Toker was appointed as the new trolling Group Manager, and Head of Corporate Development
COO and Executive Committee Member as of 1 January 2019, (Group Manager). He was working as the Director of Organi-
was transformed into an Assistant General Management of- zation Management since 2014, and finally he was appointed
fice. Dr. Suat Didari, former Director of Organization Man- as Head of Auto Insurance Business and Executive Committee
agement, was appointed as the Assistant General Manager of Member as of 1 January 2019.

Premium volume of Anadolu Sigorta reaches 5.7 billion TL in 2018

Anadolu Sigorta announced the financial results for 2018. “Generally these two can-
Maintaining its robust growth performance during 2018, Anad- not be achieved at the same
olu Sigorta’s total premium production increased by 22 percent time; and therefore, while
over the same period of previous year, and reached 5.7 billion determining their strat-
TL. Stating that their growth performance was above the mar- egies, companies tend to
ket average, İlhami Koç, General Manager of Anadolu Sigorta, concentrate on one of these
said: “In 2018, we managed to achieve our growth and prof- two variables. However,
itability targets at the same time. Our market share increased in 2018, we managed to
from 11.76 percent to 11.94 percent. We have also reinforced reach our targets for both
our leadership position in fire and natural forces, motor, ships, growth and profitability.”
marine commodity, general liability, and aviation lines.” Having
increased the volume of its premium production up to 5.7 billion İlhami Koç also evaluated
TL by a growth of 22 percent during 2018, Anadolu Sigorta the general growth perfor-
raised its market share from 11.76 percent to 11.94 percent. mance of insurance market
The company strengthened its leadership in fire and natural and said: “Total premium
forces, motor, ships, marine commodity, general liability and production of our market
aviation lines; and increased its net profit by 67 percent over the increased by 20.2 percent
same period of previous year, up to 307.6 million TL. Its con- and reached 47.7 billion TL in 2018. The market lost some
solidated net profit also grew by 61 percent and reached 324.5 speed but continued to grow despite the negative macro-eco-
million TL. With these results, Anadolu Sigorta has made 19 nomic circumstances of 2018, which is regarded as a positive
percent of return on equity in its solo financial tables, and 25 indication for the future. Moreover, this growth was achieved
percent in its consolidated financial tables. İlhami Koç, Gen- in an environment where sales rates of automotive industry de-
eral Manager of Anadolu Sigorta, reminded that they had two creased.”
main targets which were growth and profitability, and added: