Insurance Week message from Hisarcıklıoğlu
05.09.2020 / Ankara- The Union of Chambers and Commodity Exchanges of Turkey (TOBB) President M. Rifat Hisarcıklıoğlu celebrated the Insurance Week, which spans the week of September 7-11 this year due to COVID-19 epidemic measures.
Hisarcıklıoğlu said in his message:
"In the world economy, one of the most important indicators of the development indexes of countries is the size of the insurance sector. Turkey has a growing economy based on the private sector. In order for the private sector to develop or grow in a real way in our country, financial assets and commercial risks in our country must be insured. This year, the significance of global risks was made clear with the Covid-19 pandemic. During this difficult fight, job losses are experienced in every sector. In this era, where the number and diversity of the risks we face is increasing day by day, a strong insurance sector is needed for effective risk management. A strong insurance sector is the formula for stable economic development.
In this context, important steps have been taken in our country on behalf of the insurance sector in recent years. The establishment of the Insurance and Private Pension Regulation and Supervision Authority, the establishment of Turkish Reinsurance Inc., credit insurance, bail insurance and new regulations in the Individual Pension System are important examples of these. The positive impact of these arrangements and practices has been felt strongly in the sector and in the country's economy.
The agencies and appraisers organized under the umbrella of our Union make significant contributions to the healthy development of the insurance sector in Turkey. Insurance agencies in the spread of insurance to the base and thus increase the insured rate in our country; in the event of determining risks and ensuring justice between insurance companies and insurers in the event of damage, appraisers have a large share. We provide all kinds of support as the Union of Chambers and Commodity Exchanges of Turkey to ensure that members of both professions can look to the future more safely and contribute more to the sector.
With these feelings and thoughts, I wish to congratulate all stakeholders and employees working in the entire business world and the sector, especially insurance agencies and insurance appraisers organized by TOBB, with my sincerest wishes."