Towards strengthening the Turkish insurance market

At a meeting held in September 2025, the Turkish regulatory authority (SEDDK) and local insurance market players decided to set up working committees to strengthen cooperation and support the development of the sector.

These new groups will address key issues such as expanding compulsory motor insurance coverage, standardizing distribution channels, digitization, and strengthening regulations.

The establishment of a common communication platform between market players, including the SEDDK and the Turkish Insurance Association (TSB), is also on the agenda.

The aim of this initiative is to accelerate the development of the sector, improve customer satisfaction, and increase the contribution of insurance to the country's economy.