What Sompo Sigorta does

Sompo Sigorta A.Ş. is a Turkish joint-stock insurance carrier founded in 2001 and headquartered in Istanbul (Beykoz), operating under the global Sompo brand associated with the Sompo Group (Sompo Japan Insurance). The company underwrites a broad portfolio of approximately 50+ retail and commercial insurance products spanning motor (mandatory traffic/trafik and voluntary casco/kasko lines), health (complementary health, birth packages, coverage for foreigners), home (including mandatory DASK earthquake cover), travel (international, domestic, study-abroad, extreme-sports and visa-related products), personal accident, digital security, and commercial/corporate lines such as workplace packages, engineering, transport/cargo, SME liability, and professional liability insurance. It serves three primary customer groups: individual retail consumers, small and medium enterprises, and licensed professionals subject to mandatory liability requirements (accountants, auditors, architects, engineers, medical practitioners).

The company operates a digital-first, multi-channel distribution model in Turkey combining online self-serve quoting and purchase via somposigorta.com.tr (advertised 30-second quotes), a nationwide "Sompo Club" agency network, phone-based inside sales through a call center (0850 250 81 81), and the "Sompo Mobilo" mobile application, which supports claims filing, policy management, and assistance services such as pharmacy lookup, ambulance/towing requests, and locksmith/plumber dispatch. It maintains a "Sompo Club" customer loyalty program, an educational content blog, and participates in industry events such as the 4th International Insurance Fair. No proprietary core technology is disclosed in the available sources.

Revenue is generated primarily through recurring insurance premiums collected from individual and commercial policyholders across motor, health, home, travel, personal accident, and commercial lines, with lump-sum and installment billing options. Pricing is risk-based and quote-driven — traffic insurance is priced on vehicle group, region, customer type, and claims history, while health premiums vary by health risk, payment plan, and family status — and is not publicly disclosed. The company holds KVKK (Turkish Personal Data Protection Law) and GDPR data-protection compliance. In December 2025 the company publicly stated a target of $29 billion in annual premium production with market-leadership ambitions, a forward-looking target rather than a disclosed current figure.

Name

Sompo Sigorta

Legal name

Sompo Sigorta A.Ş.

Website

https://somposigorta.com.tr

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Sompo Sigorta is a Turkish insurance carrier, part of the global Sompo brand, offering 50+ retail and commercial insurance products — motor, health, home, travel, and business lines — to individuals, SMEs, and licensed professionals via digital channels and a nationwide agency network.

Ownership category

akta.pro rank

Headquarters

HQ city

Beykoz

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums - Individual Lines: Sompo Sigorta generates revenue primarily through collecting insurance premiums from individual and commercial policyholders across multiple insurance categories including motor (traffic and casco), health, home, travel, and personal accident insurance. Premiums are collected on a recurring basis with various billing options including lump-sum and installment payments.
2. Insurance Premiums - Commercial Lines: Commercial and corporate insurance products including workplace packages, fuel packages, engineering insurance, transport insurance, SME liability, and SME financial guarantee generate additional premium revenue from business customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Sompo Sigorta is a Turkish insurance company that underwrites and distributes non-life insurance products across motor (mandatory traffic insurance and voluntary casco), health (complementary health, international, birth, and foreigner health coverages), home (compulsory DASK earthquake insurance and voluntary home contents/structure coverage), travel (international, domestic, education, visa, and extreme sports travel), and commercial lines (workplace packages, engineering, transport, SME liability, fuel station, and EV charging station insurance) to individual consumers and SMEs in Turkey through digital channels, a nationwide agency network, and a call center.

Product overview

Sompo Sigorta is a Turkish insurance company offering a comprehensive portfolio of insurance products and services through its digital platform. The company's offerings span multiple core categories: Motor Insurance (including mandatory Traffic Insurance and voluntary Casco/Kasko products such as Full Kasko, Kasko Prime, Mini Kasko, and brand-specific options), Health Insurance (comprising Complementary Health Insurance, international coverage, birth packages, and insurance for foreigners), Home Insurance (including mandatory DASK earthquake insurance, Full Home Insurance, and specialized climate coverage), Travel Insurance (covering international and domestic travel, education abroad, visa requirements, and extreme sports), and Commercial/Corporate Insurance (including workplace packages, engineering insurance, transport insurance, SME liability, and charging station insurance). The product portfolio includes approximately 50+ distinct insurance products organized across individual (Bireysel) and commercial (Ticari ve Kurumsal) segments, with some products marked as new additions including Kasko Prime, Mini Workplace Package Insurance, and Business Packages for Enterprises.

Differentiator

Problem solved

Functional benefit

Brands

• SompoClub: Customer loyalty and rewards program for Sompo Sigorta policyholders.
• Sompo Mobilo

Products and services

• Trafik Sigortası (Traffic Insurance) Mandatory third-party liability insurance for vehicles required by Turkish law to cover damages caused to third parties in traffic accidents.
• Full Kasko (Comprehensive Casco) Comprehensive vehicle insurance covering damage, theft, fire, and accidents for insured vehicles.
• Kasko Prime Premium comprehensive vehicle insurance with enhanced coverage options for vehicle owners.
• Tamamlayıcı Sağlık Sigortası (Complementary Health Insurance) Supplementary health insurance covering inpatient and outpatient treatments at contracted hospitals, complementing the national health system.
• Tam Senlik Destek Tamamlayıcı Sağlık Sigortası Comprehensive complementary health insurance with enhanced support services for policyholders.
• Yabancılar için Sağlık Sigortası (Health Insurance for Foreigners) Health insurance designed for foreign nationals residing in Turkey.
• Zorunlu Deprem Sigortası (DASK - Compulsory Earthquake Insurance) Compulsory earthquake insurance required by Turkish law covering damages from earthquakes and related risks for residential and commercial properties.
• Full Konut Sigortası (Full Home Insurance) Comprehensive home insurance covering building structure, contents, and liability against fire, theft, water damage, and natural disasters.
• Yurt Dışı Seyahat Sigortası (International Travel Insurance) Travel insurance for international trips covering medical emergencies, trip cancellation, and travel assistance services abroad.
• İş Yeri Paket Sigortası (Workplace Package Insurance) Package insurance product for businesses covering commercial premises, contents, and business liability risks.
• Mini İş Yeri Paket Sigortası (Mini Workplace Package Insurance) Streamlined package insurance designed for small businesses with essential coverage at affordable pricing.
• İşletmelere Yönelik Paket Sigortalar (Business Packages for Enterprises) Comprehensive package insurance solutions tailored for businesses of various sizes and industries.
• Ferdi Kaza Sigortası (Personal Accident Insurance) Personal accident insurance providing coverage for accidental death, disability, and medical expenses for individuals.
• Dijital Güvenlik Sigortası (Digital Security Insurance) Insurance product covering digital risks such as cyber fraud, online shopping protection, and digital asset security.
• Motosiklet Trafik Sigortası (Motorcycle Traffic Insurance) Mandatory third-party liability insurance specifically designed for motorcycles.
• Yeşil Kart Sigortası (Green Card Insurance) Insurance required for vehicles traveling abroad, providing liability coverage in foreign countries.
• Mühendislik Sigortaları (Engineering Insurance) Insurance products covering construction, machinery, and engineering projects against various risks.
• Nakliyat Sigortaları (Transport Insurance) Insurance covering goods and cargo during transportation against various risks.
• Sorumluluk Sigortaları (Liability Insurance) Various liability insurance products covering professional, product, and operational liability risks.
• Öğretmenlere Özel Kasko (Teacher-Specific Casco) Vehicle insurance with special pricing and benefits designed specifically for teachers.

Quantifiable outcome

• Get insurance quote in 30 seconds
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Anadolu Sigorta (Türkiye Sigorta): Largest Turkish multi-line P&C and health insurer offering motor, home, health, and commercial packages. Closest direct competitor to Sompo Sigorta across individual and SME lines in the same domestic market.
• Allianz Sigorta: Turkish subsidiary of Allianz, a global insurer, offering motor, health, home, and commercial products. Comparable in product breadth, brand-driven positioning, and digital-plus-agency distribution model.
• AXA Sigorta: AXA's Turkish carrier offering motor, health, home, and commercial insurance. Direct competitor with comparable product mix, global brand backing, and agency plus digital distribution.
• Mapfre Sigorta: Spanish-headquartered insurer's Turkish operation offering motor, health, home, and SME packages. Comparable global insurer subsidiary competing in the same Turkish market with similar product breadth.
• Generali Sigorta: Italian-headquartered Generali's Turkish carrier offering individual and commercial insurance. Direct peer in multi-line carrier role with similar global brand affiliation and agency-led distribution.
• Groupama Sigorta: French-headquartered Groupama's Turkish subsidiary offering motor, home, health, and SME insurance. Comparable global-affiliated multi-line insurer operating in the same market.
• HDI Sigorta: German Talanx-owned Turkish insurer offering motor, health, home, and commercial lines. Comparable mid-sized global-affiliated competitor with similar product positioning.
• Zurich Sigorta: Zurich Insurance Group's Turkish operation serving individuals and SMEs with motor, home, and commercial coverage. Comparable global insurer subsidiary competing in the same product lines.

Emerging players

• Acıbadem Sağlık ve Hayat Sigorta: Health-focused Turkish insurer with deep provider network integration. Partial overlap with Sompo's complementary health line but specialized in health rather than full multi-line.

Regional players

• Ethica Sigorta: Turkish non-life insurer operating in similar product categories but with a smaller footprint and more regional focus. Comparable in product mix but smaller in scale than Sompo Sigorta.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/somposigorta
• Facebookfacebook.com/somposigorta
• Instagraminstagram.com/somposigorta

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Sompo Sigorta