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Innovating Insurance for the Future of Mobility

Explore how cutting-edge innovations are reshaping insurance to meet the evolving needs of future mobility.

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Innovating Insurance for the Future of Mobility
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Leading the Charge in Autonomous and Electric Vehicle Insurance

Yavuz Ölken, CEO of AXA Turkey, emphasized, “At AXA Turkey, we are at the forefront of developing innovative insurance solutions tailored for electric and autonomous vehicles. Our goal is to provide equitable and dynamic pricing models using data from connected vehicles. As we insure this evolving mobility ecosystem, we are committed to spearheading a sustainable future through our AI-driven insights and robust digital infrastructure.”

In a significant gathering at the Future of Mobility Summit in Istanbul, prominent figures from the mobility and insurance sectors convened under the guidance of Yavuz Ölken, CEO of AXA Turkey. The panel, titled “Insurance in Autonomous and Electric Vehicles,” highlighted AXA Turkey’s role as both a supporter and pioneer in the transformation driven by electric, autonomous, and shared mobility solutions.

During the panel discussion, Yavuz Ölken, alongside Mehmet Gün, Founder of Gün+Partners Law Firm, Veysel Sinan Geylani, Founder of Touch Risk, and Uğur Gülen, Chairman of the Insurance Association of Turkey and Board Member at Aksigorta/Agesa/Medisa, explored new risk definitions, legal frameworks, and the future landscape of insurance for autonomous and electric vehicles.

Ölken remarked that insurance is evolving beyond a reactive system that activates only post-damage. He stated, “Mobility has transcended traditional transportation; it represents a new lifestyle interwoven with data, technology, and sustainability. This paradigm shift, impacting areas from public policy to insurance payment systems, requires a multidisciplinary approach. At AXA Turkey, we craft insurance solutions that align with the needs of electric and autonomous vehicles, offering pricing models driven by real-time data from connected vehicles. Our commitment is to lead in fostering a sustainable future with AI-supported insights and a strong digital backbone.”

The session underscored the significance of next-generation products, including specialized policies for electric vehicles, data-driven dynamic pricing models, and liability insurances necessitated by autonomous technologies. AXA Turkey remains dedicated to safeguarding its clients against future risks, contributing to the vision of sustainable mobility.

Concluding the panel, Yavuz Ölken expressed gratitude to the panelists for their invaluable contributions and presented certificates symbolizing tree donations made in their names. These donations support the “AXA All Hearts Memorial Forest,” an initiative in collaboration with the Aegean Forest Foundation, commemorating the day’s discussions.

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