Page 13 - Turkinsurance Digital Magazine

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ance line, we began conducting risk analysis and loss adjustment can list the major changes to be made in this respect as follows:
activities via our remote support platform for large companies.
“Hot weather” risk was included in the scope for grapefruit,
For crop and greenhouse insurance, we have continued to con- lemon, tangerine, orange, and grape.
duct loss adjustment activities on site (on parcel). Parcels of pol-
icyholders who do not want to leave their homes were detected Loss of quantity due to “rain risk” was included in the scope for
automatically by inquiring parcels via GPS devices. Producers cotton.
were informed via phone calls about loss adjustment activities
conducted on their parcels. Loss off quantity due to “damages caused by birds” was included
in the scope for sunflower.
“During this term, we have also launched “Gradual No-Loss Discount rate” for hail package risks in crop
audio-policy application, which was the first of insurance was increased from 5%to 10% for the 1st year with-
its kind in Turkish insurance market” out any losses, from 15% to 20% the 2nd year without any loss-
es, and from 25% to 30% for the 3rd year without any losses.

Moreover, we have initiated the practice of issuing bulk poli- “Gradual No-Loss Discount rate” for frost package risks in crop
cies in the beginning of this year for beehives insurance, and insurance was increased from 5%to 10% for the 1st year with-
extensive-scope poultry insurance policies. We started offering out any losses. An additional 20% discount was introduced for
10 to 25 percent discount for policies in those lines in case they the 2nd year without any losses.
are issued in bulk via producer organizations. The discount rate
depends on the number of businesses to be insured. During this Exemption rates were reduced for the frost packages in crop
term, we have also launched audio-policy application, which was insurance.
the first of its kind in Turkish insurance market. Audio-policy
application was developed with augmented reality technology Farmers registered in Digital Agriculture Market have started
which is listed among today’s user-friendly technologies. After benefiting from 5% discount, while those who produce via con-
installing TARSİM Mobile App in their smartphones and scan tracts on this system have started benefiting from 10% discount.
the QR code on their policies, our policyholders can easily get
information about their policies through a cartoon character in “Debris Removal Costs” that might happen after damages to
audio and visual formats. greenhouses were included in the scope of Greenhouse Insurance.

What will your targets, roadmap and plans be for 2021 in Small family businesses that own 1 to 10 insurable animals have
light of these experiences? started benefiting from a 15% discount for extensive-scope Cat-
tle Insurance policies.
We will continue to be in the field and stand by our producers
in the coming term. Getting feedbacks from producers, receiv- Voluntary “Terrorism Coverage” which can be added to Cattle
ing know-how about their production processes, meeting with Insurance was expanded to include strike, lockout, and civil com-
the representatives of stakeholder organizations and listening to motion risks.
their opinions and recommendations excite and nurture us for
new projects. Our foremost targets include informing producers No-loss discount in Cattle Insurance has been increased up to
and farmers about the opportunities offered by agricultural in- 30%.
surance, bringing the satisfaction rates of agricultural insurance
to much better levels, and making TARSİM much more popular. Small family businesses that own 1 to 10 insurable animals
We plan to increase promotional activities and direct our target have started benefiting from a 15% discount for extensive-scope
audience to alternative channels, which will be in line with their Sheep and Goats Insurance policies.
inclinations in recent years. I can say that we will be using digital
channels much more actively in the near future. No-loss discount in Sheep and Goats Insurance has been in-
creased up to 30%. In addition to the existing 45-days Broiler
Moreover, we keep offering our services via our regional offices tariff applied in extensive-scope Poultry Insurance policies, new
located at 12 different locations in Anatolia. We will expand our 12-month Broiler tariff has been initiated.
service network with the aim of improving access to TARSİM.
Our preparations are ongoing for new regional offices will to be Tariff prices for Poultry Insurance have been reduced.
opened in Denizli, Sakarya, Samsun and Van in the new year.
We are constantly evaluating demands and expectations from Tariff prices and coinsurance rates for Aquaculture Insurance
the field and expanding our coverage scope over the years. This have been reduced.
year, we have conducted and finalized new technical and actuar-
ial activities for new coverage types and practices. Presidential Previously, there were two different tariffs in bee hives insurance
Decree on risks, products and regions that will be in scope and as mobile and stationary tariffs; it is now consolidated under a
premium support rates for 2021 was announced in November. I single tariff.