Aksigorta Annual Report 2019
Corporate Profile
With 59 years of experience, Aksigorta carries on being the innovation leader of the sector since its establishment.
Boasting 59 years of experience and knowhow, Aksigorta has been the innovation pioneer in the industry since its founding. The Company steadily moves forward with its innovative, customer-oriented vision. While placing the corporate emphasis on customer satisfaction, Aksigorta adheres to all national and international insurance laws, rules, regulations and standards in line with its vision, mission and values. The Company serves corporate and individual customers with 10 regional offices, 664 employees, approximately 3,000 independent agencies, 782 Akbank branches, 69 brokers and near 5,750 contracted institutions.
Focusing on customer focus, digitalization and innovation, Aksigorta strengthens its brand recognition and value every day, following the partnership of Sabancı Holding and Belgium-based Ageas. The Company aims to expand its market share by maintaining its growth, while contributing to the development of the sector and the national economy.
After embracing the concept of “Next-Generation Insurance,” Aksigorta focused its efforts on simple, understandable and accessible products and services. Aksigorta plans to expand beyond the boundaries of the insurance industry and bring a fresh perspective to the sector by looking from the customers’ point of view. To this end, Aksigorta made significant investments in customer orientation, innovation, analytics, new technologies and artificial intelligence and plans to take Aksigorta “Beyond” – making innovation and customer orientation its top strategic priority. As well as being the first company in Turkey to use the robots, Aksigorta introduced artificial intelligence to the sector and aims to add a new dimension to the sector by becoming an insurance company that stands by its customers and creates solutions to their needs.
The major shareholders of Aksigorta, whose shares are publicly traded on the BIST National Market under the AKGRT ticker, Are H.Ö. Sabancı Holding (36% stake) and Ageas Insurance International N.V.(36% stake). Aksigorta achieved strong financial results in 2019. As of year-end, the Company’s total assets reached TL 4,608 million and net profit climbed to TL 366 million. Aksigorta recorded a total premium production of TL 4,474 million, 30.9% more compared to the same period last year. In 2019, Aksigorta increased its total market share to 8.3%.
