Page 8 - Turkinsurance Digital Magazine

8 at a glance

Unico Sigorta celebrated its 35th anniversary with a grand gala at Çırağan Palace

Driven by the strength derived from appreciating its roots,
Unico Sigorta continued its work, celebrating its 35th year
with an event at Çırağan Palace under the theme “From Our
Roots to the Future.”

Unico Sigorta, serving sustainable growth through innovative
insurance products and services, hosted its employees, business
partners, and industry representatives in the historical
atmosphere of Çırağan Palace. The gala night, attended by
400 guests, began with a special video presentation reflecting
Unico Sigorta’s 35-year success story. Following that, service
awards were presented to the top-performing agencies and
Unico Sigorta employees for their outstanding performance
in the year 2023. The gala continued with a live performance
by Aşkın Nur Yengi and a New Year’s party, making it an
unforgettable night for all the guests. In 2022, we have successfully completed the first two years of
our business plan, which we expressed with the slogan ‘Change,
In the opening speech of the gala, Unico Sigorta General Transformation, and Development,’ and will continue until
Manager Ender Güzeler stated, “In our 35-year journey at the end of 2026. In the coming years, we will strengthen our
Unico Sigorta, we walk into the future together with the position in the industry with the same stability.
strength we draw from our roots and our people-focused
approach with all our stakeholders. 35 years is both a long We have dreams and goals for the future. We are passionately
period and a short time frame, given the constant changes it committed to working, producing, achieving, and being good.
encompasses. We have spent this time very productively. We For this, we hold onto our roots and work with our values.
identified our customers’ needs, managed their expectations.
We changed our processes, made them more efficient. We On this occasion, I would like to express my sincere thanks to
aligned all our business practices and value chain in the all colleagues, business partners, and the esteemed board of
same direction. At this point, Unico Sigorta is sustaining its directors who are part of the great Unico Sigorta family and
presence more robustly and decisively than ever before. have come together with us to reach this point.”

Türkiye Sigorta’s 11-month gross premium production increased by an annual rate of
152 percent

In the first 11 months of 2023, Türkiye Sigorta generated gross annual increase of 230 percent, and the accident branch, with
premiums exceeding 50 billion TL. an increase of 208 percent, were other branches that realized
premium production above the overall growth momentum. In
Türkiye Sigorta continues its strong growth pace. The company, these branches, production amounted to 11.4 billion TL and 3.5
revealing the end-of-November gross premium production data billion TL, respectively. In the general damages branch, which
for the year 2023, reached a record monthly production of 6.6 has the highest weight in the total premium portfolio, there was a
billion TL, bringing the total gross premium production to 50.8 significant annual growth of 100 percent in November, reaching
billion TL. a premium production of 12.1 billion TL, especially driven by the
increased production pace in agricultural insurance.
Monthly gross premium production increased by 170 percent
compared to November of the previous year, with health, motor,
fire and natural disasters, and general damages branches
contributing the most to the monthly growth. In the mentioned
branches, there were increases of 549 percent, 315 percent, 214
percent, and 187 percent, respectively, compared to the same
month of the previous year.

As a result of this remarkable production performance, as of
the end of November, Türkiye Sigorta’s total gross premium
production reached 50.8 billion TL, with an annual increase
of 152 percent. The premium production of the health branch,
which increased by 285 percent annually, reached 2.7 billion
TL, while the premium production of the motor branch, which
recorded a 241 percent increase during this period, amounted
to 7.1 billion TL. The fire and natural disasters branch, with an