May 2021

OYAK Group Insurance and Reinsurance Brokerage Inc., which carries out insurance and reinsurance brokerage activities, also provides consultancy services.  Sertan İpek, General Manager of OYAK Group Insurance and Reinsurance Brokerage Inc., says, “We stood out amongst more than 100 global and local insurance brokers carrying on business in Türkiye and are ranked among the top five in the sector, with the premium volume that we achieved”.

OYAK Group Insurance and Reinsurance Brokerage Inc. was incorporated in 2017 with 100 percent partnership of OYAK Securities, in order to carry out insurance and reinsurance brokerage activities. The Company also provides consultancy services. Sertan İpek, General Manager of OYAK Group Insurance and Reinsurance Brokerage Inc. says that they stood out amongst more than 100 global and local insurance brokers carrying on business in Türkiye and they are ranked among the top five in the sector, with the premium volume that they achieved.

They Opened an Office in London 

Sertan İpek summarizes the important milestones in this process, as follows: ‘’The fact that we provide insurance solutions that are appropriate for every segment of insured in order to increase the service quality and satisfaction, the establishment of a call center within our own organization, the creation of digital offer and sales platform, our membership to WBN, the fact that we are an authorized broker of Lloyd’s, and finally, the opening of our London office.” Sertan İpek also adds, ‘’While we aim to increase our sales through the digital platform; we also aim to increase our growth acceleration by incorporating within our organization new insurance products and different services such as Risk Management, Loss Management, and Insurance Due Diligence consultancy for acquisitions and mergers”.

Risk Management Services 

Explaining that they provide insurance solutions in all branches to their personal and corporate customers, with their expert teams, by receiving offers from insurance companies against any and all risks, by issuing policies and by managing all the insurance processes, Sertan İpek adds that the solutions they provide are not limited only to local capacities, but they also provide their insured with reinsurance solutions from global insurance markets, with their global access power.  Sertan İpek explains their different solutions as follows: “We provide our insured with specific consultancy services on risk and loss management. With the risk consultancy, for the purpose of supporting the management of businesses in accordance with their strategies; we provide a wide range of corporate risk management services aimed at assessment of fixed asset risks, earthquake portfolio analysis, business interruption and loss of profit risks, cyber risks, product safety and recall risks, and other risks. In this context, we reached an agreement with HAVELSAN, which is the public authority regarding the information security products and solutions, with respect to the cyber risks which are the threats of this era. With this agreement, we provide enterprises with consultancy services that are specific to cyber risks, based on a study to be carried out jointly with HAVELSAN against cyber-attack/leakage risks which increased especially  in the pandemic period, and we also provide insurance solutions as OYAK Group Insurance and Reinsurance Brokerage Inc.”

“We established a digital offer and sales platform.” 

“With the developing technology, digitalization in the sector gained importance especially in the pandemic period. We also continued our investments in this area. In this context, we put at the disposal of our insured a digital offer and sales platform where the most appropriate price offer is given in the fastest way by 19 leading insurance companies of Türkiye, in a comparative manner, including the insurance coverages.

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