Page 27 - Turkinsurance Digital Magazine

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Travel insurance offers the chance of making a vacation without thinking of risks

It is time for vacation after a long year of working. Travel insur- ference in the market, Somer
ance offers a chance to make a vacation without thinking of risky lists the following examples:
situations for those wishing to relieve themselves of both physical “We have special products
and mental tiredness. that provide long-term cov-
erage for students and driv-
Tevfik Somer, Assistant General Manager of Sales and Market- ers. Our domestic and foreign
ing at HDI Sigorta, underlines that HDI Sigorta has created a travel insurance packages
product range covering all manner of requirements; and states include unprecedented cov-
that they have developed solutions for problems policyholders can erages that provide 24/7
face, in case travel risks are realized. “For a smooth and healthy protection in case they are
vacation, we offer uninterrupted and 24/7 coverage for emer- robbed or forced to withdraw
gency health expenses in addition to supplementary protection to cash during their ATM trans-
cover the entire travelling period. This additional services include actions, forced to spend mon-
assistance services, payment of bails (as advance payment); or ey using their credit/debit
coverage of the expenses for returning to the country, for bring- cards, or need to replace val-
ing a member of the family as a hospital attendant when neces- uable papers that are stolen
sary, and even for aborting the vacation and going back home during physical attack while Tevfik Somer
because of damages to their houses,” adds Tevfik Somer. using the ATM.”

Insurance protection against forceful shopping by card Domestic and foreign travel insurance packages are mainly sim-
ilar; but HDI Sigorta offers supplementary coverage to simplify
HDI Sigorta offers limited and comprehensive coverage products the lives of policyholders for their travels to countries they are not
under three main groups: Domestic, International and Student familiar with, whether the risks are realized or not. Somer also
Travel Insurance. The company has diversified products devel- shares some of those coverages as follows: “Extension of stay
oped according to the demands and requirements of customers due to injury or sickness, delayed baggage, bail for legal actions
for many special projects. Stating that their coverages create dif- (as advance payment) and rejection of visa application.”

Allianz Turkey shares information about the opportunities of insurance technologies
for startups

Within the scope of in Turkey and rest of the world, potential of AI (artificial intel-
their strategy to be ligence) technologies in finance, health and insurance sectors.
the pioneer of new
generation insurance, Insurance is a gate for other sectors
Allianz Turkey con-
tinues to support the The event was organized in cooperation with İTÜ Çekirdek Ear-
development of insur- ly Stage Incubation Center on 27 June 2018 at İTÜ MAGNET,
ance technologies that Advanced-Level Entrepreneurship Center located inside İTÜ
have gained more and ARI Teknokent. Melike Demirel, Director of Allianz Turkey’s
more importance in Innovation Office, said in her statement that the connection
the ecosystem of glob- between insurance companies and startups would bring unique
al entrepreneurship acquisitions for both sides. She said: “Insurance is a field re-
Melike Demirel and innovative tech- quiring technical knowledge and expertise. However, with the
nology. Organized in extensity of its business model and the richness of value it cre-
this respect, the event called “X Factor in Insurance: Insurtech ates, it also acts as a gate that opens up for other sectors. There-
Opportunities for Startups” focused on topics such as promis- fore, working with the insurance industry is of great importance
ing technologies in the insurance field, opportunities insurance for startups. We believe that this might trigger the innovation
technologies bring for investors and startups, insurtech investors insurance market needs.”