Allianz Türkiye

What Allianz Türkiye does

Allianz Türkiye (legal entity Allianz Sigorta A.Ş.) is the Turkish insurance and pension subsidiary of Allianz SE, one of the world's largest insurance and asset management conglomerates headquartered in Munich, Germany. Operating from Istanbul with a workforce in the 1,001-5,000 range, the company delivers a comprehensive retail and corporate insurance portfolio spanning motor (Kasko, mandatory traffic, electric vehicle, motorcycle), health (supplementary, modular, digital doctor, foreign national), property (home, business, DASK mandatory earthquake, common areas), life, travel, and pet insurance, alongside a private pension (BES) business and the auto-enrollment OKS system. Its subsidiary structure includes Allianz Yaşam ve Emeklilik for pensions and Allianz Hayat Sigorta for life products. The company recently adopted the Nettle AI platform for commercial property risk engineering, enabling up to 3x faster inspections through computer vision and audio capture with same-day structured underwriting outputs.

The business model is built on recurring insurance premiums and BES management fees, with revenue derived from motor, health, life, property, travel, and pet policies plus private pension entry fees and accumulation-based deductions. Pricing is tiered by product: BES contributions start at 1,000-1,500 TL monthly with a 20% government matching contribution capped at 79,272 TL annually (2026); Kasko premiums are structured across Mini, Eko, and Kapsamlı packages with up to 67% claims-free discounts and 3-12 month installment plans. Distribution combines direct-to-consumer digital channels (Allianz'ım mobile app, online customer portal, 24/7 call center 0850 399 9999), a physical agency network, bank distribution partnerships with Yapı Kredi, HSBC Turkey, and ING Turkey, an affiliated network of 1,000+ auto repair shops across all 81 Turkish provinces, and a corporate direct sales channel (0850 210 83 29) for group health and OKS contracts. The company was recognized in 2025 as Türkiye's fastest claim-paying insurance company by the Turkish Insurance Association and as the World's Most Valuable Insurance and Asset Management Brand in the Brand Finance Global 500.

Name

Allianz Türkiye

Legal name

Allianz Sigorta A.Ş.

Website

https://allianz.com.tr

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Allianz Türkiye (Allianz Sigorta A.Ş.) is the Turkish insurance and pension subsidiary of Allianz SE, offering motor, health, property, life, travel, pet insurance, and BES private pensions to individual consumers and corporate clients across all 81 Turkish provinces.

Ownership category

akta.pro rank

Product category

Insurance and Pension Services

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Direct Life Insurance Carriers (524113), Direct Health and Medical Insurance Carriers (524114), Insurance and Employee Benefit Funds (5251)

SIC

Life Insurance (6311), Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

akta.pro secondary industries

Universal Life (UL) Insurance (FSAIABAB), International/Expatriate Individual Health Insurance (FSAIAEAH), Participating (Dividend) Whole Life Insurance (FSAIABAI)

Keywords

• Motor vehicle insurance
• Private pension plans
• Health insurance products
• Property insurance coverage
• Life insurance policies

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Insurance Premiums: Collection of periodic insurance premiums from policyholders across motor, health, life, household, travel, and other insurance products. Premiums collected through digital channels, agencies, bank partners, and call center.
2. BES Management Fees: Bireysel Emeklilik Sistemi (private pension) generates revenue through entry fees, accumulation-based management expense deductions, and fund operational expense deductions. Fund total expense deductions are refunded to participants from the 6th contract year onward.
3. Kasko Insurance Premiums: Motor vehicle insurance (Kasko) premiums with flexible payment options including 3, 6, 9, and 12 installment plans. Additional revenue from optional coverage add-ons such as Optional Motor Liability Insurance (IMM).

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

Allianz Türkiye is a diversified insurance and pension company offering motor (Kasko and mandatory traffic), health, property, life, travel, and pet insurance, alongside the Bireysel Emeklilik Sistemi (BES) private pension system with state contribution. Products are distributed through digital channels (Allianz'ım mobile app and online portal), agency network, bank partners (Yapı Kredi, HSBC, ING), corporate sales, and a network of 1,000+ affiliated auto repair and healthcare service providers across all 81 Turkish provinces.

Product overview

Allianz Türkiye operates as a diversified insurance and pension company offering a comprehensive portfolio of insurance products and private pension (BES) services. The core product architecture includes Motor Insurance (Kasko, Traffic Insurance), Health Insurance (Supplementary, Modular, Digital Doctor), Property Insurance (Home, Business, Earthquake), Life Insurance, and Travel/Pet Insurance. The BES division offers multiple pension plans (Kişiye Özel, Çocuğumla Büyüyen, Mercan, Safran) alongside the Otomatik Katılım System for auto-enrollment. Digital services include the Allianz'ım mobile application and online transaction portals. The company recently adopted Nettle AI for commercial property risk engineering, representing its primary AI-enabled platform for risk assessment automation.

Differentiator

Problem solved

Functional benefit

Brands

• Allianz'ım: Mobile application for policy management, claims tracking, health expenses, savings and fund monitoring
• Allianz 365
• Dr. Allianz
• KazanKoru
• Allianz Sağlık Cüzdanı
• Allianz Finansal Danışmanlık
• Allianz Emeklilik Dünyası

Products and services

• Bireysel Emeklilik (BES) Private Pension Private pension system providing retirement savings with 20% state contribution, allowing contributions to be invested in various funds with flexible payment options starting from 1,000-1,500 TL monthly.
• Kasko Motor Insurance Comprehensive motor vehicle insurance covering accidents, collisions, fire, theft, natural disasters, with roadside assistance and 1,000+ contracted service points across Turkey.
• Mandatory Traffic Insurance Mandatory third-party liability insurance required by Turkish law for all motor vehicles, covering bodily injury and property damage to third parties.
• Private Health Insurance Private health insurance products including supplementary health, modular health, digital doctor, and foreign health insurance for comprehensive medical coverage.
• Home and Business Property Insurance Property insurance covering homes and businesses against risks including earthquake, fire, flood, and theft, including DASK mandatory earthquake coverage.
• Individual Life Insurance Individual life insurance products including term life, whole life, and investment-linked life insurance in TL and USD denominations.
• Travel Health Insurance Travel health insurance providing medical coverage for policyholders traveling domestically or internationally.
• Pet Insurance (Sevimli Dostum) Pet insurance covering veterinary expenses and related costs for insured pets.
• Corporate Solutions (Group Health and Corporate Pension) Group health insurance, corporate pension plans, and auto-enrollment (OKS) system management for employees of business customers.

Quantifiable outcome

• 81% of customers receive tow truck within 1 hour
• +4 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability5 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core, major and minor.

• Nettle AIcoreTechnology or Integration · 22 April 2026Allianz Türkiye adopted the Nettle AI platform to support commercial property risk engineering operations. The platform enables risk engineers to capture photographs, documents, and audio notes during site visits, generating structured inspection reports, risk assessments, and underwriting guidance delivered same day. Property inspections can be completed up to 3x faster than previous processes.
• Yapı Kredi BankmajorChannel Partner/ Reseller/ DistributorBES (Bireysel Emeklilik) products distributed through Yapı Kredi bank branches and digital banking channels as a sales partner.
• HSBC TurkeymajorChannel Partner/ Reseller/ DistributorHSBC offers Allianz BES products including HSBC Kişiye Özel BES, HSBC Premium BES, and HSBC Mercan BES plans through its banking network.
• ING TurkeymajorChannel Partner/ Reseller/ DistributorING offers Allianz BES products including ING Kişiye Özel BES, ING Safran BES, and ING Mercan BES plans through its banking channels.
• Auto KingminorGTM or Marketing PartnerAuto King partnership offering 20% discount on auto maintenance and expertise services for Allianz Kasko policyholders under Allianz 365 program.
• ZiebartminorGTM or Marketing PartnerZiebart partnership offering up to 35% discount on interior cleaning, appearance protection, and window film services for Allianz policyholders.
• Affiliated Auto Repair Network (1,000+)majorChannel Partner/ Reseller/ DistributorOver 1,000 affiliated auto repair and service shops across all 81 Turkish provinces providing claims service, repairs, and maintenance for Allianz Kasko policyholders.
• Affiliated Healthcare ProvidersmajorChannel Partner/ Reseller/ DistributorExtensive network of affiliated healthcare institutions and hospitals across Turkey providing cashless or discounted health services to Allianz health insurance policyholders.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HDI Sigorta: HDI Sigorta (formerly AXA Sigorta) is a multi-line Turkish insurer with particular strength in motor and personal lines. As a foreign-affiliated competitor with a similar product mix, it directly contests Allianz Türkiye in Kasko, home and health segments.
• Ak Sigorta: Ak Sigorta, backed by Sabancı Holding with Ageas as a partner, is a leading Turkish P&C and life insurer with a strong motor franchise and agency network. It is one of Allianz Türkiye's closest direct competitors in Kasko, health and retirement products.
• Sompo Sigorta: Sompo Sigorta, the Turkish subsidiary of Sompo Japan, offers motor, health, fire and engineering cover to Turkish consumers and corporates. Its product breadth and foreign-affiliated model mirror Allianz Türkiye's positioning across P&C and personal lines.
• Groupama Sigorta: Groupama Sigorta is the Turkish operation of the French mutual Groupama, providing motor, home, health and SME insurance. Its branch-and-agency distribution and multi-line offering make it a direct peer to Allianz Türkiye in retail P&C and health.
• Türkiye Sigorta: Türkiye Sigorta is the state-owned national champion and dominant writer of mandatory products including DASK and trafik sigortası. As the price-setter in regulated lines, it is the principal direct competitor Allianz Türkiye faces in compulsory and P&C business.
• Anadolu Sigorta: Anadolu Sigorta is one of Turkey's largest multi-line insurers offering motor, health, life and property cover through a similar agency and bank channel structure. Like Allianz Türkiye, it competes directly for the same retail and corporate customer base across Kasko, health, and home insurance.
• Ray Sigorta: Ray Sigorta is a Turkish multi-line insurer offering motor, health, fire, marine and engineering cover through agencies across Turkey. Its multi-line, agency-led model makes it a direct peer to Allianz Türkiye in non-bank personal and commercial lines.
• Mapfre Sigorta: Mapfre Sigorta is the Turkish subsidiary of Spanish insurer Mapfre, operating in motor, home, health and personal accident lines. As another international-affiliated carrier serving the same retail customer base, it is a direct competitor to Allianz Türkiye across personal lines.
• Garanti BBVA Sigorta: Garanti BBVA Sigorta, the insurance affiliate of Garanti BBVA with BNP Paribas Cardif partnership, focuses on bank-distributed credit-linked life, motor and health cover. It competes head-on with Allianz Türkiye in bancassurance-distributed BES, life and personal insurance.

Emerging players

• BNP Paribas Cardif Türkiye: BNP Paribas Cardif operates in Turkey primarily through Garanti BBVA partnership and other bank channels, focusing on credit life and pension products. It is a relevant emerging competitive peer to Allianz Türkiye in bank-distributed BES and life insurance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/AllianzTurkiye
• Facebookfacebook.com/AllianzTurkiye
• LinkedInlinkedin.com/company/allianzturkiye

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allianz Türkiye