MAPFRE reinforces its global partnerships and explores new strategic opportunities during a high-level meeting held in Istanbul.
MAPFRE Sigorta, continuing its more than 75-year tradition of leadership in the Turkish insurance industry, has once again demonstrated its commitment to collaboration and growth. In partnership with MAPFRE Global Risks—the MAPFRE Group’s division dedicated to providing worldwide risk solutions for large-scale enterprises—the company brought together distinguished broker partners and clients for an exclusive gathering in Istanbul.
The event was attended by MAPFRE Sigorta CEO Erdinç Yurtseven, MAPFRE Global Risks CEO Bosco Francoy, senior management representatives, and numerous key partners. Discussions focused on strengthening long-term cooperation, exploring market challenges, and redefining shared growth strategies through mutual trust and strategic alignment.
During the meeting, both companies conducted a detailed review of MAPFRE’s global operations and its evolving business units. Insights into market trends, risk perception, and innovative insurance solutions were central to the conversation. Bosco Francoy presented global risk assessments and shared perspectives on emerging trends such as economic volatility, environmental challenges, and technology-driven threats.
Erdinç Yurtseven emphasized that MAPFRE’s extensive presence in 38 countries, serving over 30 million clients, reflects its solid financial foundation and customer-centered philosophy. He expressed pride in Turkey’s leading position within the group, ranking sixth among 25 markets in both premium and profit performance. MAPFRE Sigorta has also emerged as the top contributor within the EMEA region, achieving broker channel growth in 2025 that exceeded the industry’s average by 20 percentage points.
Bosco Francoy highlighted the significance of the World Economic Forum’s data in understanding global risk dynamics, pointing to geopolitical, economic, and cyber-related threats that are reshaping enterprise risk management. With its network spanning 163 countries and a robust ‘A’ financial rating, MAPFRE Global Risks positions itself as a long-term partner committed to addressing complex corporate risk challenges.
Francoy also noted the vital role of the Turkish market within the MAPFRE ecosystem: “Our engagement in Turkey is a cornerstone of our regional strategy. Through strong alignment with MAPFRE Sigorta, we are building a sustainable model for growth and collaboration.” He added that the Istanbul event served as an ideal platform to evaluate the local market, deepen partnerships, and open pathways for innovative strategic opportunities.
This synergy between MAPFRE Sigorta and MAPFRE Global Risks continues to reinforce their shared objective: providing comprehensive, customer-focused, and future-oriented insurance solutions—anchored by trust, expertise, and a vision for sustainable global growth.
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