What Bereket Sigorta does

Bereket Sigorta is a Turkish multi-line insurance and pension carrier operating under the Tarım Kredi Grubu (Agricultural Credit Union Group) umbrella, headquartered in Ümraniye, Istanbul, and founded in 1995. The company conducts business through two licensed entities: Bereket Sigorta A.Ş. for general insurance and Bereket Emeklilik ve Hayat A.Ş. for life and individual pension, with all products structured to comply with participation (Islamic/katılım) financial principles. Its portfolio spans motor (Kasko, compulsory trafik, Green Card), health (critical illness, travel health, foreigners' health, Doktorum Benimle emergency cover), housing (homeowners, compulsory DASK earthquake), personal accident (multiple branded products), life insurance, individual and group pension (BES, OKS auto-enrollment), and an extensive commercial and agricultural book including SME packages, fuel station, hotel, freight, marine, and government-supported TARSİM crop and livestock cover.

The company distributes through a hybrid model combining a nationwide agency network (Nareks and Life-in portals), the Tarım Kredi Kooperatifleri cooperative branch network, insurance brokers, direct corporate sales for group pension, and direct-to-consumer digital channels via bereket.com.tr and the Bereket Mobil iOS/Android app. Its technology stack is a participation-insurance platform with online policy issuance, agent portals, and mobile self-service for claims and policy management, with revenue generated from one-time premiums across P&C and recurring contributions on life and pension products, certain prices set by the Treasury and Ministry of Finance (DASK, trafik, commercial credit). The company holds ISO 9001 and ISO 27001 certifications from TÜV Rheinland and is Great Place to Work certified.

Bereket Sigorta serves a diversified customer base spanning retail consumers, SMEs, employers (group pension and auto-enrollment), and agricultural producers, with the agricultural segment differentiated by its embedded access to the Tarım Kredi cooperative channel. Partnerships with MÜSİAD (SME reach), TOGG (vehicle service network), and TARSİM (state-supported agricultural pool) extend its ecosystem beyond the parent group. The company operates as a private joint stock company (A.Ş.), is headquartered at Bereket Plaza in Ümraniye, and employs 101-250 staff.

Name

Bereket Sigorta

Legal name

Bereket Sigorta A.Ş.

Website

https://bereket.com.tr

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

Bereket Sigorta is a Turkish multi-line insurance and pension carrier operating under the Tarım Kredi Grubu umbrella, serving retail consumers, SMEs, employers, and farmers across Turkey with participation (Islamic)-compliant motor, health, property, life, and agricultural insurance products distributed via cooperatives, agents, brokers, and digital channels.

Ownership category

akta.pro rank

Headquarters

HQ city

Umraniye

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property & Casualty Insurance Premiums: Collection of insurance premiums from motor (comprehensive and compulsory traffic), homeowners, earthquake, and commercial property insurance policies.
2. Health & Personal Accident Insurance: Premiums collected from health, critical illness, personal accident, and travel health insurance products.
3. Life Insurance Premiums: Life and farmer life insurance products generating recurring annual premiums.
4. Individual Pension System (BES) Contributions: Management and contribution fees from individual pension system (BES) products, including auto-enrollment schemes, with multiple fund options such as Kira Sertifikaları Katılım Emeklilik Yatırım Fonu.
5. Agricultural Insurance (TARSİM): Distribution of government-supported agricultural insurance products through the TARSİM pool, covering crops, livestock, greenhouses, and aquaculture.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Bereket Sigorta is a Turkish multi-line insurance and pension company that issues and distributes insurance policies and individual/group pension products across motor (Kasko, Trafik, Yeşil Kart), health (Critical Illness, Travel Health, Emergency Health), housing (Konut, DASK earthquake), personal accident, life, commercial/SME packages, marine/cargo, and government-supported agricultural lines (TARSİM). The company offers both conventional and Islamic (participation) insurance structures, underwrite risks domestically, and distributes via a nationwide agent network, the Tarım Kredi cooperative channel, corporate sales, brokers, and direct digital channels.

Product overview

Bereket Sigorta operates as a multi-line insurance and pension company offering a broad portfolio of 33+ products and services across vehicle, health, property, personal accident, life, and commercial insurance, as well as individual pension (BES) and automatic enrollment (OKS) schemes. The core product portfolio is organized into six main categories: Araç (Vehicle) covering comprehensive Kasko, compulsory Traffic insurance, and Green Card; Sağlık (Health) including Critical Illness, Travel Health, Foreigners Health, and Doktorum Benimle; Konut (Housing) comprising Konut and compulsory DASK earthquake insurance; Ferdi Kaza (Personal Accident) with multiple branded products (Arabam Mis, Bakımlı Evim, Deprem Destek, Güvenli, Bereket Ailem); Emeklilik (Pension) covering Bireysel Emeklilik, Group Pension, and Otomatik Katılım; and Hayat (Life) including general life and the specialized Çiftçi Hayat Arkadaşı. Beyond personal lines, it serves commercial and SME clients with İş Yeri Paket, Bereketli Kobi Paket, Otel Paket, Bereket Akaryakıt, and Bereketli Ortak Alan products. Its marine/nakliyat division includes Emtea Nakliyat, Yurtiçi Taşıyıcı Sorumluluk, Tekne Makine, Tekne İnşaat, and Yat Sigortası. The company also participates in the government-supported TARSİM agricultural insurance pool covering crops, livestock, greenhouses, aquaculture, and beekeeping. The pension arm offers named plans including Ekin Emeklilik Planı, Genç Hasat (for under-18s), Mehir Güvence (participation-compliant), and Kadın Güvence (participation-compliant), alongside the Kira Sertifikaları Katılım investment fund.

Differentiator

Problem solved

Functional benefit

Products and services

• Kasko Sigortası (Comprehensive Motor Insurance) Comprehensive motor vehicle insurance covering damage to the policyholder's own vehicle. Available to individual vehicle owners in Turkey via agents, digital purchase, and the Bereket Mobil app.
• Trafik Sigortası (Compulsory Third-Party Liability) Compulsory third-party liability insurance for motor vehicles, covering bodily injury and property damage caused to third parties. Mandated by Turkish law for all registered vehicles and available to all vehicle owners.
• Yeşil Kart Sigortası (Green Card Motor Insurance) Green Card insurance for vehicles traveling abroad, providing third-party liability coverage across foreign countries. For Turkish vehicle owners driving internationally.
• Kritik Hastalıklar Sigortası (Critical Illness Insurance) Critical illness insurance providing a lump-sum payment upon diagnosis of specified serious diseases. For individual consumers seeking protection against major health events.
• Seyahat Sağlık Sigortası (Travel Health Insurance) Travel health insurance covering medical expenses incurred during domestic or international trips. For individual travelers and corporate travel programs.
• Yabancılar için Sağlık (Health Insurance for Foreign Nationals) Health insurance designed for foreign nationals traveling within Turkey. For inbound visitors and non-resident travelers requiring domestic medical coverage.
• Doktorum Benimle Acil Sağlık Sigortası (Emergency Health Insurance) Emergency health insurance product providing coverage for urgent medical situations, with prescription drug coverage included. For individual consumers seeking rapid access to medical care.
• Konut Sigortası (Bereketli Konut Home Insurance) Home insurance covering the policyholder's residence and household contents against a range of perils. For individual homeowners and tenants in Turkey.
• Zorunlu Deprem Sigortası (DASK) Compulsory earthquake insurance mandated by Turkish law for residential properties. For all owners of residential real estate registered in Turkey.
• Deprem Destek Sigortası (Earthquake Support Insurance) Earthquake support insurance providing financial assistance following earthquake-related events. For individual homeowners seeking additional protection beyond the mandatory DASK cover.
• Arabam Mis Ferdi Kaza (Personal Accident for Vehicle Owners) Personal accident insurance specifically designed for vehicle owners, providing coverage for accidents involving the insured vehicle. For individual drivers and vehicle owners.
• Bakımlı Evim Ferdi Kaza (Home Personal Accident Insurance) Personal accident insurance for homeowners covering injuries occurring at or near the insured home. For individual homeowners seeking accident protection tied to their residence.
• Güvenli Ferdi Kaza Sigortası (Secure Personal Accident) Personal accident insurance providing death and permanent disability coverage resulting from accidents, with optional add-ons for medical expenses and daily compensation. For individuals seeking standalone accident protection.
• Bereket Ailem Ferdi Kaza Sigortası (Family Personal Accident) Family personal accident insurance covering the policyholder and their family members under a single policy. For households seeking collective accident coverage.
• Ferdi Kaza Sigortası (General Personal Accident) General personal accident insurance covering death and permanent disability resulting from accidents, with optional add-ons for medical expenses and daily compensation. For individuals seeking broader personal accident coverage.
• Bireysel Emeklilik (BES - Individual Pension) Individual pension system (BES) allowing participants to accumulate savings for retirement through regular contributions into investment funds, including Shariah-compliant participation funds such as Kira Sertifikaları Katılım Emeklilik Yatırım Fonu. For individual savers planning for retirement in Turkey.
• Grup Emeklilik (Group Pension Plan) Group pension plan offered by employers to their employees as a workplace benefit, with a dedicated Kurumsal Emeklilik portal at kurumsalemeklilik.bereket.com.tr for corporate administration. For Turkish employers providing workplace retirement benefits.
• Otomatik Katılım (OKS Auto-Enrollment Pension) Automatic enrollment pension system (OKS) that automatically includes eligible employees in the pension system unless they opt out. For employers required to offer OKS and their workforce.
• Hayat Sigortası (Life Insurance) Life insurance providing death benefit payments to beneficiaries upon the insured's passing. For individual consumers seeking financial protection for their families.
• Çiftçi Hayat Arkadaşı Sigortası (Farmer Life Companion) Life insurance tailored for farmers, paying a lump-sum death benefit to the family upon the insured's passing, with coverage tiers from 25,000 TL to 500,000 TL on an annual renewable basis. For farmer families requiring modest, accessible life cover.
• İş Yeri Paket Sigortası (Business Premises Package) Business package insurance covering commercial premises, machinery, fixtures, and inventory against specified risks. For SMEs and commercial property owners across Turkey.
• Bereketli Kobi Paket (SME Package Insurance) Comprehensive SME package insurance covering small and medium enterprises against fire, natural disasters, theft, third-party liability, and business interruption risks. For Turkish SMEs seeking a single bundled commercial policy.
• Devlet Destekli Ticari Alacak Sigortası (Government-Supported Trade Credit Insurance) Government-supported commercial receivables insurance for SMEs, covering the risk of non-payment on unsecured domestic credit sales, with premium rates determined by the Treasury and Ministry of Finance based on sales maturity and turnover. For Turkish SMEs selling on domestic trade credit.
• Otel Paket Sigortası (Hotel Package Insurance) Hotel and accommodation package insurance covering hotels, motels, and holiday villages against operational risks including hail, business interruption, and machinery breakdown. For Turkish hospitality operators.
• Bereket Akaryakıt Sigortası (Fuel Station Insurance) Fuel station insurance covering loss of profit, third-party liability, underground tank leakage, and fuel theft risks specific to petrol stations. For fuel station operators in Turkey.
• Bereketli Ortak Alan (Condominium Common-Area Insurance) Condominium and shared-area insurance covering common areas of apartment buildings and sites, including fixtures, machinery, and installations. For residential building management committees and HOAs.
• Emtea Nakliyat Sigortası (Cargo / Freight Insurance) Cargo/freight insurance covering goods during transport by sea, air, road, or rail against physical loss and damage. For shippers, freight forwarders, importers, and exporters.
• Yurtiçi Taşıyıcı Sorumluluk Sigortası (Domestic Carrier Liability) Domestic carrier liability insurance covering the legal liability of road transport companies for loss or damage to goods in their care. For Turkish road freight carriers.
• Tekne Makine Sigortası (Commercial Vessel and Machinery Insurance) Commercial vessel and machinery insurance covering marine risks for cargo transport vessels including tankers, dry cargo ships, and ferries. For commercial vessel owners and operators.
• Tekne İnşaat Sigortası (Boat Construction Insurance) Boat construction insurance covering risks during the construction of vessels, from launch through sea trials. For shipyards and vessel builders.
• Yat Sigortası (Pleasure Yacht Insurance) Pleasure yacht insurance offering two coverage options — broad (Yacht Clause) and narrow (Total Loss) — covering maritime perils and marina-based risks. For private yacht owners.
• Tarım Sigortaları (TARSİM) Government-supported agricultural insurance (TARSİM) covering crops, greenhouses, livestock, aquaculture, beekeeping, silkworm, and farm income against natural disasters and disease, distributed via the Tarım Kredi cooperative network. For Turkish farmers, livestock producers, greenhouse operators, and aquaculture enterprises.

Quantifiable outcome

• Policyholders benefitting from damage claim support including replacement vehicle service, no-claim discount protection, and valet service during repair period

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Tarım Kredi Kooperatifleri (Agricultural Credit Cooperatives)coreChannel Partner/ Reseller/ DistributorBereket Sigorta operates in close association with the Tarım Kredi Grubu (Agricultural Credit Group), leveraging the Tarım Kredi Kooperatifleri network as a primary distribution channel. The company's logo appears alongside the Tarım Kredi Group branding, and the cooperative network serves as a core channel for reaching agricultural and rural customers across Turkey.
• Tarım Kredi HoldingcoreChannel Partner/ Reseller/ DistributorTarım Kredi Holding is the parent organization of the Agricultural Credit Cooperatives network. The partnership enables Bereket Sigorta to distribute insurance products through the extensive cooperative network and positions the company within the broader agricultural financial services ecosystem.
• MÜSİAD (Independent Industrialists' and Businessmen's Association)minorGTM or Marketing PartnerBereket Sigorta has a portfolio partnership with MÜSİAD, one of Turkey's leading business associations, to reach SME members with insurance and pension products.
• TOGG (Turkish Automobile Initiative Group)minorGTM or Marketing PartnerBereket Sigorta has a service network cooperation agreement with TOGG, expanding its contracted service provider network for vehicle-related insurance services.
• TARSİM (Agricultural Insurance Pool)coreChannel Partner/ Reseller/ DistributorBereket Sigorta distributes government-supported agricultural insurance products through the TARSİM (Tarım Sigortaları Havuzu) system, covering crops, livestock, greenhouses, poultry, aquaculture, beekeeping, sericulture, and agricultural income protection. TARSİM is a state-supported agricultural insurance pool mandated by law.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Aksigorta: Turkish P&C insurer (Sabancı Group affiliate) offering motor, home, commercial, and agricultural lines. Comparable in product breadth and Turkish agency-led distribution model.
• Neova Sigorta: A leading Turkish participation insurance carrier offering motor, health, fire, and life products under Islamic finance principles. Comparable to Bereket in product breadth and Takaful positioning.
• Anadolu Hayat Emeklilik: Turkish life insurance and individual pension specialist, comparable to Bereket Emeklilik ve Hayat in BES, group pension, and auto-enrollment offerings.
• HDI Sigorta: Mid-sized Turkish insurance carrier backed by Talanx/HDI Group, offering P&C, health, and life products through agency and digital channels. Closely comparable in size and product mix to Bereket.
• Ethica Sigorta: Turkey's first dedicated participation (Islamic) insurance company, directly competing with Bereket in the Takaful segment across life, health, and P&C lines, with similar Shariah-compliant fund offerings.

Broad incumbents

• Anadolu Sigorta: Major Turkish P&C insurer offering motor, home, health, and commercial lines through agency and digital channels. Comparable in product portfolio depth and nationwide Turkish distribution.
• Axa Sigorta (Türkiye): International insurer with Turkish operations covering motor, home, health, and commercial lines. Competes with Bereket across personal and commercial segments, especially via broker channels.
• Allianz Türkiye: Global insurance major operating in Turkey with full P&C, life, and pension offerings through agency, broker, and digital channels. Competes head-to-head with Bereket across most product categories.
• Türkiye Sigorta: One of Turkey's largest state-affiliated insurance carriers operating across P&C, life, and health. Provides a benchmark for multi-line scale, government-linked distribution, and product breadth in the same market.
• Mapfre Sigorta: Spanish-owned international insurer with Turkish operations offering motor, home, and commercial packages. Comparable to Bereket in multi-channel personal and SME insurance distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/bereketcomtr
• Facebookfacebook.com/bereketcomtr
• LinkedInlinkedin.com/company/bereketcomtr

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Bereket Sigorta