Major Transformation in Insurance
Insurance sector in Turkey, when the last 5 years premiums taken into consideration with an average annual growth of 18 % reached 46.5 billion TL total premium production in 2017. In line with the increase in the number of young and active working population and the increase in insurance awareness in the recent period, the insurance industry is expected to grow double digits in the next 5 years.
The insurance sector undergoes a major transformation with new legislation, increased security threats and new legislation, such as the Protection of Personal Data Act.
