"Our Insurance Companies Renew Cancelled Policies"

The Insurance Association of Turkey announced that all insurance companies have taken responsibility in accordance with their market shares and issued new motor insurance policies for approximately 35 thousand insureds in order to prevent the victimisation of insureds that may arise due to the cancelled policies of Gri Sigorta and Mellce Insurance companies.

The Insurance Association of Turkey announced that all insurance companies have taken responsibility in accordance with their market shares and issued new motor insurance policies for approximately 35 thousand insureds in order to prevent the victimisation of insureds that may arise due to the cancelled policies of Gri Sigorta and Mellce Insurance companies.

In the statement made by the Insurance Association of Turkey, it was stated that within the framework of the recommendation decision taken by the Board of Directors on 30 November 2023, all insurance companies worked with great devotion to prevent the grievances that may arise from the cancelled policies of Gri Sigorta and Mellce Sigorta companies and to ensure that the insured are not left without coverage. In the statement, it was emphasized that although voluntary action was taken to transfer the cancelled policies to new policies by applying a discount, all companies complied with the recommendation decision by taking responsibility in line with their market shares. Within this framework, it was stated that as of the evening of 14 December 2023, new motor insurance policies were issued for approximately 35 thousand policyholders, while efforts were underway to bring together as many policies with the most suitable policy at the offer stage.

In the statement of TSB, it was emphasised that all stakeholders and distribution channels, especially agencies, provided intensive support to the renewal process and demonstrated a joint work in this process.

25 Ara 2023 - 15:10 - English

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