Page 21 - Turkinsurance Digital Magazine

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“In case of loss, you only need to apply to your insurance company”

“In case of loss,
policyholders only “Our market is of vital importance in terms of both products
need to apply to and services it offers, and the amount of claims it pays. As of the
their insurance third quarter of 2019, total claims paid our market increased
companies. The by 12.6 percent; reaching 29.1 billion TL. We have dynamic
reason for the ex- and strong insurance market that can pay 120 million TL a day.
istence of insur- The reason why our insurance companies exist is to compensate
ance business is for the losses of policyholders. Therefore, policyholders who ex-
to compensate for perience any kind of loss, should first apply to their insurance
losses as soon as companies.”
possible. We have
a dynamic insur- “We always stand by our customers”
ance market that
has a capacity to Stating that all companies in the market constantly work to-
pay over 120 mil- wards making their claims processes faster and easier, and act
lion TL in a day. We always stand by our policyholders,” said with the conscious of the importance of “speed” concept while
Atilla Benli, President of the Insurance Association of Turkey. developing products and services; Benli said:

Emphasizing that policyholders only need to call their insurance “When a loss occurs, our policyholders should issue claims, in
companies in case of any loss, Atilla Benli said: “The reason for other words, notify their insurance companies. Notified insur-
the existence of insurance business is to compensate for losses as ance companies make sure that an independent expert exam-
soon as possible. We always stand by our policyholders.” ines the loss. After that, they work on the expert report, and
make the claims payment according to the coverage within 1
Saying that total claims paid by the insurance and individual to 5 days. Therefore, policyholders should directly go to their
pension markets have nearly reached 127 trillion TL, which ac- insurance companies without looking for other channels. They
counts for 34 times the Gross Domestic Product (GDP); Atilla should not forget that we always stand by our policyholders as
Benli added as follows: we have done so far.”

Installation of TurkStream completed under the guarantee of Quick Sigorta

Installation process of Turkish Stream, or officially Turk-
Stream Pipeline Project, was insured by Quick Sigorta. Gen-
eral Manager of Quick Sigorta, Ahmet Yaşar, announced
that they insured the installation process of the giant project
which consists of two sections as land and sea.

General Manager Ahmet Yaşar stated that they were happy
to have insured the installation process of TurkStream. Re-
minding that the project was initiated as of February 2019,
Ahmet Yaşar added as follows: “We have provided an insur-
ance coverage of about 250 million TL, and a project that
will reinforce Turkey’s strategic importance was completed cess we provided insurance for both of the contractors that
in shorter than one year. Installation insurance consisted of constructed the project. We are happy to have been a part of
an All Risk coverage, which means that all risks during the such a giant project.”
installation were undertaken by Quick Sigorta. In this pro-