Page 13 - Turkinsurance Digital Magazine

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2022. We have started our studies for the competi- strengths to be ready for all scenarios, and we will
tion, which we will organize for the 7th time in 2023. continue our work.

We are faced with the expected Istanbul earth- What are the messages that DASK will give to
quake risk every day. What kind of scenario is citizens on such a critical issue?
waiting for us if we look at the insurance rates
in a possible earthquake in Istanbul? / What are It is inevitable to take precautions against earth-
your efforts as an institution to achieve the best quakes in our country, the vast majority of whose
result in this scenario? territory has various degrees of earthquake risk. Our
goal is to create a Turkish piggy bank as a finan-
Currently, the insurance rate in Istanbul is 61 per- cial precaution against earthquakes throughout the
cent, with 2.5 million living policies. country and to take precautions without experiencing
painful experiences. In this direction, as DASK, we
“Currently, the insurance rate of attach great importance to raising awareness about
Istanbul is 61 percent, and there earthquakes and measures to be brought against
earthquakes and increasing the ownership of Com-
are 2.5 million living policies” pulsory Earthquake Insurance. Today, one of every
two houses in our country is insured, but as DASK,
we aim to ensure that Compulsory Earthquake Insur-
As we have always stated, while aiming for 100 per- ance covers all houses. We attach great importance
cent insurance as an institution, we make all our to the fact that the owners of the houses secure their
plans according to the possible Istanbul earthquake homes with Compulsory Earthquake Insurance, and
and shape our works in this direction. First, as I men- those who have taken out insurance renew their ex-
tioned earlier, we have increased our damage pay ca- pired policies.
pacity to TL 46 billion for possible earthquakes.
“Within the scope of our
Besides, within the scope of our Management Pro-
ject, we have established a strong information tech- Management Project, we have
nology infrastructure to cover the insured's damages established a strong information
faster and more effectively in a possible earthquake;
we are also continuing to work on creating a human technology infrastructure to
resource and organizational structure that will use cover the insured’s damages
this information technology infrastructure most ef- faster and more effectively in a
fectively. We carry out damage assessments on mo-
bile devices using the capabilities of technology, and possible earthquake”
thus, payments in disaster areas are made quickly.
With the effect of inflation, the incomplete in-
Considering that it is risky for DASK's Main Data surance risk in the policies started to come to the
Center to be located in Istanbul, studies have been agenda. Which ways should citizens who do not
started to position the Main Data Center in Ankara, want to face incomplete insurance risk in earth-
and the process has been completed. Thus, Ankara quake insurance follow?
became the Main Data Center of DASK, while Istan-
bul was located as ODM. With this change, it was The cost of rebuilding the demolished dwelling (ex-
also aimed at increasing its current performance; cluding the land value) is considered when deter-
compared to the tests conducted, it was found that mining the maximum amount of collateral given by
the performance in the Ankara location was approx- TCIP. The insured's coverage amount (insurance
imately 2.5 times better than in Istanbul. cost) is determined according to the size and con-
struction style of their dwellings, provided that it
In addition, our DASK Emergency Situation and does not exceed the maximum coverage amount. If
Business Continuity Center in Ankara will also start the value of the residence exceeds the maximum cov-
operating very soon, considering that it will be imple- erage given by TCIP, the insured may optionally re-
mented quickly, both before and after the disaster. ceive additional coverage from insurance companies
for the excess. For this, it is necessary to take out
As an institution, we are working with all our home insurance from private insurance companies.