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1.Mustafa Su: The dynamism and synergy in the meetings is encouraging. Anadolu Sigorta agents enjoyed their success Anadolu Sigorta has brought together its agents that reached their 2010 targets with Türkiye İş Bankası branch managers in Antalya. General Manager Mustafa Su was the host and agents and branch managers got rested.
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2. Allianz’ support to the Turkish Paralympics’ athletes
Allianz which supports the International Paralympics Committee since 2006 to promote and spread the Paralympics movement around the world to become a pioneer in courage and equality became a sponsor for the Turkish National Paralympics Committee.
3. Allianz staff met at the Summer Festival
Allianz staff said hello to the summer of 2011 and participated many fun events organized for them at the Summer Festival on June 20.
4. Losses are caused by high operational costs
AXA SİGORTA CEO Cemal Ererdi stated that insurance companies that cannot reflect the high operational costs to their customers in the prices had to reflect this difference as a loss to their shareholders
5. Corporate Responsibility Week in Axa through June 6-10
“Corporate Responsibility”, a strategic priority for AXA Group and AXA SİGORTA was on AXA SİGORTA’s agenda for a week through various events.
6. MAPFRE GENEL SİGORTA’s move to Northern Iraq
MAPFRE GENEL SİGORTA made a new move to conduct insurance business in Northern Iraq. MAPFRE GENEL SİGORTA which supported the inauguration of NGI’s Erbil Office is planning to improve its insurance business in this region in the coming period.
7. ERGO E-FORCE ACADEMY’s first route in 2011 is Cyprus
ERGO Sales Services (ESS), held its annual vision meeting for 2011 in Cyprus. 250 people from 10 regions of ERGO Sales Services in 9 different cities attended the event and ESS General Manager Cüneyt Tanrıverdi evaluated 2010 and shared the targets for the next year.
8. Güneş Sigorta agents met in Çeşme to write the future together
Güneş Sigorta came together with its agents in Çeşme Sheraton in May, evaluated 2010 and shared its targets for 2011. General Manager Serhat Süreyya Çetin emphasized that they will continue to work in cooperation with their agents in the future as they did in the past.
9. Sompo Japan Sigorta Deputy General Manager Besim Ergun: Our objective is to keep our agents in demand
“Our objective is to keep our agents in demand by improving their innovative features all the time” Sompo Japan Deputy General Manager Besim Ergun said, adding that they support their agents through campaigns and new products.
10. There is nothing you can’t achieve as a team
Finans Emeklilik staff stand out as the colorful people in the industry with their mountaineering, scuba diving and rowing activities. Company officials say that participation to the activities is on the rise and that they affect the motivation of their staff in a positive way.
11. Halk Sigorta General Manager Veli Bal: We will asist our agents in the field through all our regional teams
Veli Bal stated that Halk Sigorta will work more in the field for sales and empowered salespeople, actively out in the field and that they will give full support to agents and Halkbank branches through their regional offices
12. AEGON Emeklilik ve Hayat General Manager Uğur Tozşekerli: There is no reason why an agent wouldn’t work with AEGON Emeklilik
Uğur Tozşekerli stated that they are working with the team that knows the sales best and added: “We are a company that listens to the sales person, values feedbacks, acknowledges mistakes, invests in human resource and technology, supports its staff with technological infrastructure. Why would agents not want a company that enables them to earn what they want through income models?
13. Guarantee from Generali to the CEOs
Generali Sigorta General Manager Mine Ayhan pointed to the importance of manager responsibility insurance and stated that they are insuring members of the board and CEOs against the risk of not fulfilling their personal responsibilities.
14. Restructuring in Aviva Sigorta
Aviva Sigorta Deputy General Manager Tevfik Somer stated that they have United heir sales and marketing operations under “Sales and Marketing Management” through the restructuring. “We believe this restructuring will boost the synergy between sales and marketing,” he said.
15. The cost of dog attacks to the industry in the US exceeds 400 million dollar
The US Insurance Information Agency stated in a report that the cost of dog attacks to the industry in 2009 was 412 million dollar while State Farm insurance company alone paid 90 million dollar in compensation for the 3500 dog attack incidents in 2010.
16. Economy Minister of Japan Kaoru Yosano: Japan needs 184 billion dollars
Healing the wounds of the earthquake, tsunami and the nuclear disaster from March is putting a strain on the Japanese government. Economy Minister of Japan, Kaoru Yosano stated that the cost of rebuilding Japan could reach up to 184 billion dollar.
17. Cost of May could range from 4 to 7 billion dollar
The hurricanes and tornadoes in Joplin, the US in May turned the lives of people into a nightmare and put the insurance industry under strain since what they will have to pay for damages in one month corresponds to the total amount of 2010.
18. Işık Sigorta is the insurance of choice for Turkish
Işık Sigorta sponsored the 9th Turkish Olympics this year as well. Işık Sigorta stated that they would be happy to take part in all the events aiming to develop and spread Turkish.
19. Ray Sigorta Chairman Karl Fink: Damping is not our philosophy
Ray Sigorta Chairman Karl Fink: “There are a few large international insurance group that entered the Turkish market 5-6 years ago. These companies are fighting for market share and they are doing this by disregarding economic fundamentals, through damping. This is not our philosophy.
20. TÜSAF, discussed the amended TTK in Denizli
TÜSAF which has recently elected its new management, told its regional agents the amended Turkish Commerce Law in a panel hosted by Denizli Insurance Agents’ Association.
21. Selim İleri who celebrates his 45th anniversary in literature: People are made to like simple worded books like alphabets
The renown author Selim İleri stated that his young readers say they are having a hard time to understand what he is writing. İleri said people only like to read books that talk about things they already know. “People are made to like so simple books, like alphabet that they don’t even come close to read something beyond themselves.”
22. SAB Insurance Agents’ Association gave its opinion regarding ‘Draft Regulation on Insurance Agents’: Contracts should be fair and equal
SAB’s, statement regarding the “Draft Regulation on Insurance Agentst” says: “Agent portfolio ownership right that is provided by the law no: 5684 and the Regulation on Agents should be included in the contracts and old contracts should be amended”.
23. SAB-TEMA cooperation protocol is signed
SAB Insurance Agents’ Association brings another social responsibility project to life through a protocol signed with TEMA Foundation.
24. Industry meeting in Elazığ during the Insurance Week
SAB Insurance Agents’ Association organized a meeting in Elazığ Chamber of Commerce and Industry on June 4 Saturday, in cooperation with Elazığ Chamber of Commerce and Industry and Elazığ Insurance Agents’ Association, within the auspices of Insurance Week.
25. The year of disasters 2011, compelled farmers to make insurance
Agricultural insurances kicked a successful start in 2011. There is 142 percent rise in the number of insurance contracts organized by Agricultural Insurance Pool in the first five months of the year, compared to the same period from last year. While premium production rose by 210 percent in the same period. It seems like the farmers that are hurt by disasters rush for insurance.
26. Deputy Undersecretary for Ministry of Agriculture and Rural Affairs and the Chairman of Agriculture Insurance Pool, Dr. Ramazan Kadak: One in each 5 farmers will be insured at the end of 2013
“Our objective is to have insurance coverage for one in each 5 farmers at the end of 2013” Kadak stated. “We will continue to work for the expansion of the insurance coverage in product, risk and region on the condition that the system is growing in a sustainable and healthy way.”
27. A. Bülent Bora, General Manager of Tarsim: Natural disasters have a great contribution on the awareness of the farmers
Bora said that the insured ratio has been increasing 1% every year and it has currently reached 6% levels and he added the increasing awareness of the farmers due to the natural disasters has a great contribution on the increase of this ratio.
28. Levent Sönmez, Vice General Manager of Anadolu Sigorta: Support projects increased the premium production by 210%
Stating that the projects made by state with the purpose to support livestock industry also have a positive impact on animal life insurances, Sönmez said “The increases in the number of insurance policies that Agricultural Insurance Pool issued and the premium production reached 142 percent and 210 percent respectively.”
29. Tolga Dülger, Güneş Sigorta Deputy Manager of Agricultural Insurance: We have to improve the existing coverage instead of looking for expand it
Tolga Dülger stated that the expansion of coverage structure in the agricultural insurances has increased the interest for the sector and he said: “From now on, instead of new coverage, the existing coverage must be improved through the product classifications like price, date recognition and shares of liability.”
30. Tolga Okan Tezbaşaran, Vice General Manager of Zürich Sigorta
Tolga Okan Tezbaşaran started his new task at Zurich Sigorta as the Vice General Manager for Individual and Small Commercial Segment Sales Group.
31. Sheep and goat now under coverage
Dr. Ramazan Kadak, Deputy Undersecretary of the Ministry of Agriculture and Rural Affairs and Chairman of the Board of Agriculture Insurance Pool, stated that in 2011, besides store cattle in addition to dairy cattle, sheep and goat were also included in the coverage of Animal Life Insurance.
32. The 3rd International Istanbul Insurance Conference makes difference with theme
There were nearly 300 participants from 23 countries in the International Istanbul Insurance Conference which is arranged for the third time this year. Rather than the technical issues that are always on the agenda of the sector, inspiring presentations were made on products and product creation processes during this year’s conference which is again held with Sigortacı Gazetesi as the media sponsor.
33. Gülen and Crowford win the 25th International Insurance Tennis Tournament
Organized by Millî Reasürans, the 25th round of traditional “International Insurance Tennis Tournament” was held on May 27-29 in Miltaş-Suadiye Sports Complex.
34. Draft Regulation for Agencies brought up for discussion
The Draft Regulation for Insurance Agencies which has been prepared by the Undersecretariat of Treasury was sent to the players in the sector to take their opinions and suggestions.
35. The sector can’t avoid loss
According to the first three month’s technical results, the insurance industry keeps making loss except the non-life insurance and continuously loosing the equities. The industry’s operating expenses increased by 110 million lira and financial revenues have decreased; and the technical profit item at the end of first quarter is -21 million lira.
36. Undersecretariat of Treasury: Operating expenses have increased, investment incomes have decreased
“There is no extraordinary increase in damages except life insurance. As for the investment incomes transferred from the non-technical section at the non-life branches, there is a decrease of 50 million lira compared to the same period of the last year. Hence, two main reasons for the technical loss are the increase in the operating expenses and the decrease in the investment incomes.”
37. TSRŞB Secretary General Erhan Tunçay: The more the loss grows, the more we can’t work for a new product and service
“The loss problem causes a significant decrease in shareholders’ capital of the companies and impedes the development of new products and services for the other branches. The Insurance companies can’t develop projects and carry out profitable operations because of the current high loss ratios and losses in the auto and especially traffic insurances.”
38. TSEV, sets occupational standards with industry players
TSEV, continues its efforts to set occupational standards through the meetings participated by various industry players.
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Source : Sigortaci
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