Türkiye Sigorta Birliği

What Türkiye Sigorta Birliği does

Türkiye Sigorta Birliği (the Insurance, Reinsurance and Pension Companies Association of Türkiye) is a statutory public professional association established under Article 24 of Law No. 5684 on Insurance. Founded in 1900 as the Syndicate of Fire Insurance Companies Operating in Istanbul, it is the sole mandatory industry body representing all licensed insurance, reinsurance, and pension companies operating in the Turkish market. As of the latest data, the association serves 68 active member companies, comprising 45 non-life insurers, 19 life and pension companies, and 4 reinsurers, including both domestic operators and international groups such as Allianz, Axa, Mapfre, Zurich, Sompo, and HDI.

The association's product surface is centered on industry data and regulatory coordination services rather than commercial software. Its portfolio includes the authoritative Kasko (comprehensive auto) Value List used by all member companies for vehicle insurance pricing (compiled with contributions from INDICATA and covering vehicles up to 15 model years), the Motor Vehicle Tax (MTV) Kasko schedules under the 28th Serial MTV General Communiqué, sector-wide insurance and pension statistics, a legislation database, downloadable annual activity reports and bulletins, a public consumer complaint submission portal, and a member company directory. The organization is not a technology developer — it does not sell software products, does not publish APIs or SDKs, and does not disclose any proprietary technology stack or AI/ML capabilities.

The business model is membership-funded: the association is supported by annual dues paid by its 68 statutory member companies, with no product sales, no consumer pricing, and no advertising revenue. It operates from a single headquarters at Palladium Tower in Ataşehir, Istanbul, with 11–50 employees. Its go-to-market is community-led, focused on policy advocacy with the SEDDK regulator, ethical standards enforcement, consumer complaint handling (routing to the Insurance Arbitration Commission), and international representation through memberships in Insurance Europe, IAIS, IMIA, IUMI, ICC, OECD, and DEIK. All licensing-related activities (Kasko value list, MTV tables) are quasi-regulatory in nature and constitute the association's primary data advantage.

Name

Türkiye Sigorta Birliği

Legal name

Türkiye Sigorta, Reasürans ve Emeklilik Şirketleri Birliği

Website

https://tsb.org.tr

Company type

Private

Founded year

1900

Operating status

Operating

Headcount range

11–50 employees

Short description

Türkiye Sigorta Birliği is a statutory public professional association founded in 1900 under Law No. 5684, representing 68 licensed insurance, reinsurance, and pension companies operating in Turkey. It provides industry coordination, publishes the authoritative Kasko and MTV vehicle value lists, handles consumer complaints, and advocates with the SEDDK regulator.

Ownership category

akta.pro rank

Product category

Insurance Industry Association

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

International Standards, Norms & Technical Regulatory Bodies (BPADAAAJ)

akta.pro secondary industries

Financial Regulation, AML/CFT & Tax Transparency Cooperation (BPADANAL), Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

Keywords

• Insurance industry association
• Industry statistics publication
• Regulatory coordination services
• Consumer complaint handling
• Professional membership body

Headquarters

HQ city

Alasehir

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Membership Dues / Association Fees: As a statutory public professional association established under Law No. 5684, the association is funded through annual membership dues paid by its 68 active member companies (45 non-life insurance, 19 life/pension, 4 reinsurance companies). These dues form the primary revenue stream supporting the association's operations, policy advocacy, statistics publication, and consumer complaint handling functions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Türkiye Sigorta Birliği is the statutory public professional association for Turkey's insurance, reinsurance, and pension sector, mandated under Article 24 of Law No. 5684. It serves 68 active member companies through regulatory coordination, publication of standardized industry data (Kasko vehicle value lists and MTV schedules), consumer complaint handling, sector statistics dissemination, and policy advocacy with the national regulator (SEDDK) and international insurance bodies.

Product overview

Türkiye Sigorta Birliği (Turkish Insurance, Reinsurance and Pension Companies Association) is a professional association organized under Article 24 of the Insurance Law No. 5684, serving as a regulatory and industry support body for Turkey's insurance and pension sector rather than a commercial product company. Its digital offerings consist of a web-based information portal providing data services (Kasko Değer Listesi vehicle valuation database, MTV Kasko lists, insurance statistics, legislation archives, and publications), self-service web forms (complaint submission, casco info requests, contact), a member company directory, and video content. The portfolio is structured around data dissemination, regulatory support, and member services rather than a unified software product or platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Kasko Değer Listesi (Casco Vehicle Value List) Standardized vehicle valuation database used by all member insurance companies to determine casco (comprehensive auto) insurance values. Includes new vehicle prices from authorized distributors (with VAT and ÖTV) and used vehicle values compiled with INDICATA contributions, covering vehicles up to 15 model years.
• MTV Kasko Değer Listeleri (Motor Vehicle Tax Casco Value Lists) Provides motor vehicle tax-aligned casco insurance value data for Type I tariff vehicles (automobiles, crossovers, and 4x4 off-road vehicles) as defined under the 28th Serial Motor Vehicle Tax General Communiqué.
• İstatistikler (Sector Insurance Statistics) Access to insurance and private pension financial statements and statistics, providing sector-wide premium and policy count data through a verification-gated download system.
• Yayınlar ve Faaliyet Raporları (Publications and Activity Reports) Downloadable publications including general assembly activity reports, sector reports, magazines, and bulletins covering the Turkish insurance and pension industry.
• Mevzuat (Insurance and Pension Legislation Database) Database of insurance and individual pension legislation providing access to applicable laws, regulations, and regulatory frameworks governing the Turkish insurance sector.
• Şikayet Formu (Consumer Complaint Submission Portal) Web-based complaint submission portal that allows policyholders to file complaints against member insurance companies across product types including DASK, individual accident, liability, life, legal protection, unemployment, workplace, casco, residential, engineering, transit, private pension (BES-OKS), health, agriculture, traffic, and fire insurance.
• Kasko Bilgi Formu (Casco Information Request Form) Online request form for adding vehicles to the Kasko value list or submitting list-related requests, requiring supporting documentation such as trademark registration certificates, conformity certificates, and official vehicle pricing from authorized distributors.
• Üye Şirketler (Member Companies Directory) Public directory of the 68 active member companies categorized into non-life insurance companies, life and pension companies, and reinsurance companies operating under the Türkiye Sigorta Birliği umbrella.
• Reklam Filmleri (Sector Advertising Films) Collection of sector-wide advertisement films and public awareness commercials produced by member insurance companies, hosted on the association's platform to promote insurance awareness.

Quantifiable outcome

• 68 active member companies served (45 non-life, 19 life/pension, 4 reinsurance)
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

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

• Insurance EuropemajorStrategic or Co-development PartnerInternational federation representing European insurers. Türkiye Sigorta Birliği is a member, enabling representation of Turkish insurance interests in European regulatory and policy discussions through Insurance Europe's advocacy with EU institutions.
• IAIS (International Association of Insurance Supervisors)majorStrategic or Co-development PartnerGlobal standard-setting body for insurance supervision. Membership enables participation in the development of international insurance supervision standards and regulatory best practices.
• IMIA (International Association of Insurance Supervisors)coreStrategic or Co-development PartnerInternational association of insurance supervisors. Membership supports knowledge sharing and international cooperation in insurance supervision practices.
• IUMI (International Union of Marine Insurance)coreStrategic or Co-development PartnerGlobal representative body for marine insurers. Türkiye Sigorta Birliği participates as the voice of Turkish marine and transport insurance sector in international discussions.
• OECD (Organisation for Economic Co-operation and Development)coreStrategic or Co-development PartnerInternational economic forum. Membership supports engagement with OECD insurance and pension policy work, statistical frameworks, and economic analysis relevant to the Turkish insurance market.
• ICC (International Chamber of Commerce) TurkeyminorStrategic or Co-development PartnerTurkish national committee of the International Chamber of Commerce. Supports international trade-related insurance matters and business advocacy.
• DEIK (Foreign Economic Relations Board)minorStrategic or Co-development PartnerTurkish foreign economic relations organization. Supports international business development and trade missions relevant to insurance sector internationalization.
• SEDDK (Sigortacılık Düzenleme ve Denetleme Kurumu)coreStrategic or Co-development PartnerInsurance Regulation and Supervision Agency — the primary regulatory authority for Turkey's insurance and private pension sectors. Türkiye Sigorta Birliği serves as the primary interface between the regulator and the industry, coordinating compliance, policy feedback, and sector statistics.
• SBM (Sigorta Bilgi ve Gözetim Merkezi)coreTechnology or IntegrationInsurance Information and Surveillance Center. Operates the industry-wide database tracking insurance policies, claims, and no-claims discounts (hasarsızlık indirimi) for motor insurance. Türkiye Sigorta Birliği publishes Kasko value lists and collaborates on industry data standards.
• DASK (Doğal Afet Sigortaları Kurumu)coreStrategic or Co-development PartnerEarthquake Insurance Pool of Turkey. Manages the mandatory earthquake insurance (Zorunlu Deprem Sigortası) for residential buildings. Türkiye Sigorta Birliği provides information and complaint handling support for DASK.
• TARSIM (Tarım Sigortaları Havuzu)coreStrategic or Co-development PartnerAgricultural Insurance Pool of Turkey. Manages the State-supported agricultural insurance system (TARSIM). Türkiye Sigorta Birliği supports coordination and information dissemination for agricultural insurance.
• SEGEM (Sigorta Eğitim Merkezi)minorStrategic or Co-development PartnerInsurance Training Center. Provides professional education and training for insurance sector professionals. Türkiye Sigorta Birliği supports industry training initiatives.
• Sigorta Tahkim (Insurance Arbitration Commission)coreStrategic or Co-development PartnerAlternative dispute resolution body for insurance disputes. Türkiye Sigorta Birliği directs consumers and member companies to this arbitration mechanism for resolving insurance claims disputes.
• TDV (Türkiye Deprem Vakfı)minorOthersTurkey Earthquake Foundation. Supports earthquake risk awareness and preparedness. Türkiye Sigorta Birliği cooperates on public education regarding earthquake insurance.

Scale indicators2 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Insurance Information Institute (Triple-I): US industry-supported insurance information and advocacy organization. Comparable in its public-education campaigns, industry statistics dissemination, and media-facing communications role.
• Insurance Europe: European insurance industry federation representing insurers across Europe. Directly comparable as the supranational counterpart that TSB is affiliated with; performs analogous advocacy, statistics, and standards coordination at the European level.
• Fédération Française de l'Assurance (FFA): French insurance federation. Comparable as a national trade body for insurers and reinsurers, providing unified industry representation, statistical publications, and regulatory interface with French and European authorities.
• Association of British Insurers (ABI): UK trade association for insurance and long-term savings companies. Closely comparable in mandate: industry advocacy, data publication, policy coordination with the UK regulator (PRA/FCA), and consumer-facing complaint handling.
• Gesamtverband der Deutschen Versicherungswirtschaft (GDV): German insurance industry association. Comparable as a statutory trade body representing virtually all licensed German insurers, providing industry statistics, policy advocacy, and standardized reference data analogous to TSB's Kasko list.
• ANIA (Associazione Nazionale fra le Imprese di Assicurazione): Italian insurance industry association. Comparable as a national trade body providing advocacy, statistics, and coordination with Italy's insurance regulator (IVASS), serving both life and non-life members.

Regional players

• Insurance Bureau of Canada (IBC): Canadian insurance industry trade association. Comparable in its role advocating for property & casualty insurers, publishing industry data, and coordinating with federal/provincial regulators.
• Insurance Council of Australia (ICA): Australian insurance industry representative body. Comparable in serving as the unified voice for general insurers and providing advocacy, data, and disaster-response coordination with Australian regulators.

Others

• OECD Insurance and Private Pensions Committee: International policy forum for insurance and pension regulation. Comparable as a global standards and policy coordination body; TSB participates in OECD workstreams, making it a thematic peer rather than a direct competitor.

Broad incumbents

• National Association of Insurance Commissioners (NAIC): US state-based insurance regulatory body. Comparable in its standards-setting and regulatory coordination function across US insurers, though NAIC is a regulator rather than a member-driven trade association.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sigortabirligi
• Facebookfacebook.com/TurkiyeSigortaBirligi
• LinkedInlinkedin.com/company/turkiye-sigorta-birligi

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Türkiye Sigorta Birliği