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We Aim to Be Among the Top 10 in the Global Insurance League: Our Goal is to Generate
10 Trillion TL in Premiums
Remed Assistance held the event “2025 Economic
Outlook: Possible Impacts on the Insurance Sector and
Its Stakeholders,” addressing key topics concerning the
future of the insurance industry. The event, which saw high
participation from senior executives of insurance companies
and industry stakeholders, featured Insurance Association of
Türkiye (TSB) President Uğur Gülen and Economist Murat
Sağman sharing their forecasts on both the sector and the
economy.
Insurance Association of Türkiye (TSB) President Uğur
Gülen: “We aim to be among the top 10 in the global
insurance league.”
Insurance Association of Türkiye (TSB) President Uğur Gülen “The application areas of artificial intelligence in the
stated that the sector continues on its path with ambitious insurance sector are expanding rapidly, but it is not possible
goals and said: “The primary objective of the insurance for this technology to meet every need. AI can enhance
sector is to ensure that no asset remains uninsured and no efficiency in technical processes such as claims management,
individual is left without coverage. In line with this vision, pricing, and file opening and closing. However, in areas that
we aim to increase the sector’s share in the financial system require direct human interaction—such as communicating
from 5% to 10% over the next 10 years and reach a premium with policyholders, providing support, and increasing
production of 10 trillion TL. Additionally, we plan to raise per customer satisfaction—the role of assistance companies
capita premium production to the range of 350-400 dollars. remains indispensable. Being there for policyholders, guiding
Increasing penetration first to 5% and then to 7% is also them throughout the process, and reinforcing their sense
among our top priorities. Raising the ratio of pension funds of security is only possible with strong assistance services.
to GDP to 20% and increasing the size of BES funds to over Assistance companies, like agencies, are among the key
10% of GDP will greatly benefit our sector. “ stakeholders in the sector and provide crucial operational
support to insurance companies.”
Highlighting the importance of raising insurance awareness,
Gülen stated: “While developing new products, we must also Economist Murat Sağman: “2025 will be a year where
better communicate the significance of mandatory insurance managing risks correctly will be crucial”
to consumers. When we achieve 100% policy ownership in
mandatory insurance, we can provide strong security for Following the speech by Insurance Association of Türkiye
our citizens against disasters and accidents. Additionally, I (TSB) President Uğur Gülen, SAGEM Strateji Danışmanlık
believe that transitioning to a person-based policy in traffic Founder and Economist Murat Sağman evaluated global and
insurance is a major necessity for fair pricing and risk-based local economic developments.
assessment. For the insurance sector to strengthen in our
country, consumers need to be educated about insurance, In his statement, Sağman said: “With Donald Trump being
fostering an insurance culture. I would like to emphasize re-elected as President of the United States, we have entered
that one of the key elements in building this awareness is an uncertain and volatile period on a global scale. Trump
education. Collaborations with the Ministry of National is taking an aggressive stance on relations and tariffs with
Education and the Council of Higher Education to include China, Mexico, and Canada. The 25% tariff imposed on
insurance topics in school curricula will make a significant Canada and Mexico, along with the 10% tariff on China,
difference. Furthermore, I see the establishment of the clearly demonstrates this situation. All these developments
Türkiye Insurance Platform as an inevitable necessity for the will continue to impact both the global economy and Türkiye.
growth and strengthening of our sector.” Due to both economic slowdown and persistent inflation, we
have entered a period of stagflation. The year 2025 will be
Insurance Companies Need Assistance Services a critical one, requiring proper risk management at both
local and global levels. Recent judicial decisions and political
Gülen also highlighted the critical role of assistance companies tensions could overshadow positive expectations in the
in the insurance sector, stating: markets. For this reason, steps that ensure economic stability
are essential to strengthening the financial system.”