VHV Insurance discontinues inactive licenses to sharpen its strategic focus and strengthen operational efficiency.
VHV Sigorta has announced the voluntary return of licenses belonging to insurance branches that were never included in its active production or business portfolio. This adjustment, according to the company, is an administrative step aligned with its strategic roadmap rather than a sign of operational downsizing.
The insurer clarified that the returned licenses correspond to segments in which no premium generation or policy issuance had ever taken place. This decision does not affect customers, business partners, or the company’s current commitments. Every service and partnership continues uninterrupted with a focus on maintaining service excellence and client satisfaction.
In its public statement, the company stressed that returning long-inactive licenses was done in full compliance with regulatory standards. The initiative reflects VHV Sigorta’s commitment to specialization and operational efficiency, focusing resources on core business lines where it demonstrates strong expertise.
As part of the global VHV Group, the company reiterated its dedication to offering specialized insurance solutions and enhancing its market position in Turkey. This measure is described as a natural component of its long-term strategy to sustain competitiveness and operational excellence.
CEO Fatih Ağacık emphasized that the renewal process has no bearing on client relations or existing operations. He stated, “The licenses returned were linked to branches where we have no production activity. This is purely an internal restructuring step consistent with our focus areas.”
He highlighted that the company’s objectives remain unchanged—to deliver high-quality products and services in its areas of strength and maintain its trusted reputation among customers and business partners.
Through this focused strategy, VHV Sigorta aims to reinforce its expertise-driven approach while continuing to build sustainable value in the Turkish insurance sector.
