Aksigorta Inc

What Aksigorta Inc does

Aksigorta is a publicly traded Turkish insurance company (Borsa İstanbul ticker: AKGRT) and a subsidiary of Sabancı Holding, one of Turkey's largest conglomerates. Founded in 1962 and headquartered in Istanbul (Umraniye), the company operates with 501-1,000 employees and offers a comprehensive multi-line insurance portfolio serving both individual consumers and businesses across Turkey. Its product ecosystem spans motor insurance (mandatory traffic, Akkasko comprehensive coverage, e-Kasko for electric vehicles, and fleet insurance for corporates), property insurance (mandatory DASK earthquake, konut/homeowners, premium housing, and contents coverage), health insurance (private Aksağlık, supplementary TSS, group health, travel health, and critical illness), pet insurance (Pati and Pati Plus), and an extensive commercial lines suite including business packages specialized for fuel stations and pharmacies, industrial, engineering, cargo/marine, cyber, agricultural, yacht, and government-backed receivables insurance.

The company's technology stack centers on an integrated digital distribution and service platform. Aksigorta Mobil (iOS/Android) handles policy management, claims filing, damage tracking, instant quoting, and QR-code-based service access. ADA, an AI-powered customer assistant, provides 24/7 conversational support across WhatsApp and voice call center channels, while an industry-first AI-based risk pricing engine supports underwriting accuracy. Additional proprietary features include Konuşan Poliçe (Speaking Policy) audio rendering, WhatsApp-based real-time claims status notifications, and a Digital Security Platform for cybersecurity education. The Akçözüm preferred auto repair network anchors post-sale service delivery.

Aksigorta's business model is built on subscription-based premium revenue across personal and commercial lines, with risk-based pricing (no publicly listed premiums) and installment payment options of up to 9 months. Distribution is hybrid: a nationwide agent and agency network, bankassurance partnerships, self-serve digital channels (online portal, mobile app, WhatsApp), and regional directorates serving enterprise accounts. Customer segmentation is also hybrid, covering individual motor and homeowners, health-conscious families, SMEs (pharmacies, fuel stations, small businesses), and large industrial and corporate clients. Sub-brands such as Akkasko, Aksağlık, Pati Plus, e-Kasko, Akçözüm, and ADA structure the go-to-market across these segments.

Name

Aksigorta Inc

Legal name

Aksigorta Anonim Şirketi

Website

https://aksigorta.com.tr

Company type

Public

Founded year

1962

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Aksigorta is a publicly traded Turkish insurance company and Sabancı Holding subsidiary offering motor, home, health, pet, and commercial insurance to individuals and businesses across Turkey through agents, bankassurance, and digital channels.

Ownership category

akta.pro rank

Product category

General Insurance (Property and Casualty)

NAICS

Insurance Carriers (5241), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Health and Medical Insurance Carriers (524114)

SIC

Insurance Carriers, Nec (6399), Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Large Commercial Package (National Accounts) (FSAJAFAC)

akta.pro secondary industries

Commercial Property Insurance (FSAJACAE), Umbrella Insurance (FSAJAMAK), Commercial Umbrella / Excess Liability (FSAJADAL)

Keywords

• Motor vehicle insurance
• Property insurance coverage
• Health insurance plans
• Commercial insurance packages
• Pet insurance products

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

Revenue model

1. Property Insurance Premiums: Revenue from motor vehicle insurance (traffic and comprehensive/collision), homeowners insurance, earthquake insurance (DASK), and specialty property coverage including yacht insurance.
2. Health Insurance Premiums: Revenue from private health insurance, supplementary health insurance, travel health insurance, and pet health insurance (Pati Plus).
3. Corporate/Business Insurance: Revenue from fleet insurance, business package insurance, pharmacy package insurance, fuel station insurance, industrial insurance, transport/marine insurance, engineering insurance, agricultural insurance, cyber protection insurance, and group health insurance.
4. Compulsory Insurance: Revenue from mandatory insurance products including traffic insurance and earthquake insurance (DASK).

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels6 records

Core offering

Aksigorta underwrites and distributes a comprehensive portfolio of personal and commercial insurance products in Turkey, including motor vehicle insurance, mandatory earthquake (DASK) and homeowners cover, private and supplementary health insurance, pet insurance, travel health, corporate fleet, business package, industrial, cyber, cargo, engineering, agricultural, and yacht coverage. Policies are sold through a nationwide agent and bankassurance network plus direct digital channels, supported by an AI-driven risk pricing engine and an AI customer assistant (ADA) accessible via WhatsApp and the mobile app.

Product overview

Aksigorta is a Turkish insurance company operating as part of Sabancı Holding, offering a comprehensive portfolio of personal and commercial insurance products. The company's product ecosystem includes: Vehicle insurance products (Trafik Sigortası, Akkasko/Kasko with variants including E-Kasko for electric vehicles, Marka Kasko, Ekonomik Akkasko, and corporate Filo Kasko for fleets); Home and property insurance (DASK mandatory earthquake insurance, Konut Sigortası with premium tier, and Eşya Sigortası contents coverage); Health insurance (Özel Sağlık Sigortası/Aksağlık, Tamamlayıcı Sağlık Sigortası supplementary health, Grup Sağlık for corporates, Hayata Devam critical illness, and travel health insurance including Premium Seyahat with high coverage limits); Pet insurance (Pati Sigortası and enhanced Pati Plus); Business insurance (İş Yeri Paket Sigortası with specialized variants for Akaryakıt/fuel stations and Eczane/pharmacies, Endüstriyel Paket for industrial clients, and corporate group health); Specialty insurance (Siber Koruma cyber insurance, Nakliyat cargo, Mühendislik engineering, Yat yacht, and Tarım agricultural insurance, Devlet Destekli Alacak receivables insurance); and digital services including a mobile application (Aksigorta Mobil), a Digital Security Platform for cybersecurity education, and innovative products like the Konuşan Poliçe (Speaking Policy). The company also provides various digital tools including calculators for ÖTV, MTV, KDV, fuel consumption, and property-related fees.

Differentiator

Problem solved

Functional benefit

Brands

• Aksigorta Mobil: Mobile application for policy management, claims tracking, and insurance services
• ADA
• Akçözüm
• Aksaglik
• Akkasko
• e-kasko
• Pati Plus
• Tamamlayıcı Sağlık Sigortası
• Dijital Güvenlik Platformu

Products and services

• Traffic Insurance (Trafik Sigortası) Mandatory third-party liability insurance for vehicle owners covering damages to third parties in traffic accidents, available with up to 6 installment payment options.
• Comprehensive Auto Insurance (Akkasko) Comprehensive vehicle insurance covering accidental damage, theft, fire, and related risks to the insured vehicle, available with up to 9 installments.
• Electric Vehicle Insurance (E-Kasko) Specialised comprehensive insurance for electric vehicles, providing coverage including battery protection without deductible.
• Fleet Insurance (Filo Kasko) Comprehensive insurance solution for corporate vehicle fleets offering unified coverage management for multiple vehicles under a single policy.
• Mandatory Earthquake Insurance - DASK (Zorunlu Deprem Sigortası) Compulsory earthquake insurance required by Turkish law for residential properties, covering damages to buildings caused by earthquakes and related events, available with 4 installments.
• Homeowners Insurance (Konut Sigortası) Voluntary homeowners insurance covering structural damages from fire, water, theft, and other risks, extended to household contents.
• Premium Homeowners Insurance (Premium Konut Sigortası) Premium tier home insurance with extended coverage limits for higher-value residential properties and comprehensive property protection.
• Contents Insurance (Eşya Sigortası) Insurance for household belongings and personal possessions against theft, damage, and other covered risks.
• Pet Insurance (Pati Sigortası) Insurance coverage for pet dogs and cats, including veterinary expenses, accidental death, and third-party liability, available with up to 9 installments.
• Enhanced Pet Insurance (Pati Plus) Enhanced pet insurance with extended coverage and benefits delivered through partnerships with veterinary networks (VetAmerikan), dog-walking services (DogGO), and pet supplies (Petlebi).
• Private Health Insurance (Aksağlık) Comprehensive private health insurance providing broad coverage for medical treatments, hospitalisations, and outpatient services with access to the contracted provider network.
• Supplementary Health Insurance (Tamamlayıcı Sağlık Sigortası) Supplementary health insurance working alongside Turkey's public health system, covering co-payments and additional healthcare costs not reimbursed by social security.
• Critical Illness and Life Insurance (Hayata Devam Sigortası) Critical illness and life insurance product providing financial protection in case of serious health conditions or death.
• Travel Health Insurance (Seyahat Sağlık Sigortası) Travel health insurance covering medical emergencies abroad, trip cancellations, and travel-related risks, with up to 9 installments.
• Premium Travel Insurance (Premium Seyahat Sigortası) Premium travel insurance offering higher coverage limits, comprehensive trip protection, and extensive international assistance services.
• Health Insurance for Foreigners (Yabancılara Özel Sağlık Sigortası) Specialised health insurance designed for foreign nationals residing in Turkey, meeting visa and residence permit health insurance requirements.
• Group Health Insurance (Grup Sağlık Sigortası) Corporate group health insurance plan providing employee health benefits with group pricing for businesses of all sizes.
• Business Package Insurance (İş Yeri Paket Sigortası) Comprehensive insurance package for small and medium businesses covering property, liability, and business interruption risks.
• Fuel Station Package Insurance (Akaryakıt Paket Sigortası) Specialised insurance package for fuel station businesses covering property, equipment, environmental, and operational risks.
• Pharmacy Package Insurance (Eczane Paket Sigortası) Tailored insurance package for pharmacies covering premises, inventory, professional liability, and business interruption.
• Industrial Package Insurance (Endüstriyel Paket Sigortası) Insurance package for industrial facilities covering manufacturing risks, equipment breakdown, and production interruption.
• Government-Supported Receivables Insurance (Devlet Destekli Alacak Sigortası) Trade receivables insurance with government support protecting SMEs against non-payment by buyers and customer default.
• Cargo and Marine Insurance (Nakliyat Sigortaları) Insurance coverage for goods in transit, covering domestic and international shipments during transportation by road, sea, rail, or air.
• Engineering Insurance (Mühendislik Sigortaları) Insurance coverage for construction projects, machinery, and equipment against erection, testing, and operational risks in engineering works.
• Cyber Protection Insurance (Siber Koruma Sigortası) Cyber risk insurance protecting businesses against data breaches, cyber attacks, and digital asset losses.
• Agricultural Insurance (Tarım Sigortaları) Agricultural insurance products covering crops, livestock, and farm equipment against natural disasters, disease, and other farming risks.
• Yacht Insurance (Yat Sigortası) Insurance coverage for yachts and boats, covering hull damage, third-party liability, and marine-related risks.
• Miscellaneous Insurance (N'olur N'olmaz Sigortası) General miscellaneous personal insurance covering a range of personal and property risks not covered by specialised policies.
• Aksigorta Mobil Mobile Application Self-service mobile platform providing instant quotes, policy purchases, claims filing and tracking, WhatsApp-based status notifications, and access to 4,000+ contracted service providers.
• Digital Security Platform (Dijital Güvenlik Platformu) Cybersecurity education and protection platform offering digital security training, an online security glossary, and protection services for individuals and SME customers.

Quantifiable outcome

• Grew 5x faster than the industry average in the first quarter of the year
• +1 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature7 records

Partnerships

16 partnerships are on record, tiered minor and core.

• BYD TurkeyminorGTM or Marketing PartnerBYD electric vehicles sold with Aksigorta insurance coverage, providing bundled insurance solutions for new energy vehicle buyers in Turkey.
• Mercedes-Benz Financial ServicesminorGTM or Marketing PartnerFinancing and insurance partnership for Mercedes-Benz vehicles in Turkey, offering integrated financial and insurance products.
• Fiat (Yol Arkadaşım Connect)minorGTM or Marketing PartnerConnected car insurance partnership with Fiat offering integrated telematics-based insurance through the Yol Arkadaşım Connect platform.
• BlindLookminorStrategic or Co-development PartnerAccessibility partnership providing visual impairment support services, enhancing inclusive customer experience.
• KidologminorGTM or Marketing PartnerOnline parenting and child development consultation platform partnership offering exclusive discounts to Aksigorta health insurance customers.
• DogGOminorGTM or Marketing PartnerProfessional dog walking service partnership providing pet care benefits to Pati Plus insurance customers.
• PetlebiminorGTM or Marketing PartnerPet products e-commerce partnership offering discounts on pet supplies for Pati Plus insurance policyholders.
• VetAmerikanminorChannel Partner/ Reseller/ DistributorVeterinary clinic network partnership providing healthcare services for insured pets under Pati Plus policy.
• Open EnglishminorGTM or Marketing PartnerLanguage learning platform partnership offering 65% discount to Aksigorta customers on English courses.
• SushiCominorGTM or Marketing PartnerRestaurant dining partnership offering exclusive benefits including truffle Ebi Tempura Roll and 500 TL bonus points for new members on orders of 3,000 TL and above.
• SosyopixminorGTM or Marketing PartnerPhoto printing and personalized products partnership offering 15% discount to Aksigorta customers.
• CampusOnlineminorGTM or Marketing PartnerOnline education platform partnership offering 40% discount to Aksigorta customers on educational courses.
• MinyCenterminorGTM or Marketing PartnerFamily entertainment center partnership offering children's activities and discounts for Aksigorta family insurance customers.
• Contracted Healthcare InstitutionscoreChannel Partner/ Reseller/ DistributorNetwork of over 4,000 contracted healthcare providers including hospitals, clinics, and physicians providing cashless treatment services to health insurance policyholders.
• Contracted Auto Service CenterscoreChannel Partner/ Reseller/ DistributorNetwork of authorized auto repair shops and service centers providing quality repairs and claims service for vehicle insurance policyholders.
• Akçözüm Service NetworkcoreChannel Partner/ Reseller/ DistributorPreferred auto repair service network branded as Akçözüm, providing advantages and guaranteed quality repairs for Aksigorta auto insurance customers.

Scale indicators3 records

Recent moves3 records

Expansion highlights5 records

Emerging players

• Koalay: Koalay is a Turkish digital-first insurance platform offering direct-to-consumer policies, overlapping with Aksigorta's digital channels in motor and personal lines but with a more limited product breadth.

Direct peers

• Anadolu Sigorta: Anadolu Sigorta is one of Turkey's largest non-life insurers and the most direct comparable to Aksigorta, offering a similarly broad portfolio of motor, property, health, and commercial products to Turkish consumers and corporates.
• Türk Nippon Sigorta: Türk Nippon Sigorta, a Turkish-Japanese joint venture, offers non-life insurance products including motor, fire, and engineering coverage, making it a comparable multi-line competitor to Aksigorta in Turkey.
• AXA Sigorta: AXA Sigorta is a major Turkish multi-line carrier with overlapping product coverage in motor, health, and property, directly competing with Aksigorta for individual and corporate customers in Turkey.
• HDI Sigorta: HDI Sigorta, the Turkish arm of HDI Global, is a mid-sized multi-line insurer offering motor, property, and commercial products, competing with Aksigorta in similar retail and corporate segments.
• Sompo Sigorta: Sompo Sigorta, the Turkish arm of Sompo International, offers comparable non-life insurance products including motor, property, and commercial coverage, making it a direct competitor in the Turkish market.
• Generali Sigorta: Generali Sigorta operates in Turkey with a multi-line P&C and health product portfolio, directly comparable to Aksigorta's offering and competing in similar individual and corporate segments.
• Zurich Sigorta: Zurich Sigorta Turkey provides personal and commercial insurance products with overlapping coverage lines to Aksigorta's portfolio, competing particularly in corporate and specialty segments.
• MAPFRE Sigorta: MAPFRE's Turkish entity offers personal and commercial insurance products overlapping with Aksigorta's portfolio, including motor, home, and health coverage, positioning it as a comparable multi-line competitor.
• Allianz Sigorta: Allianz's Turkish P&C and health entity competes head-to-head with Aksigorta across motor, property, health, and corporate lines, with the added backing of the global Allianz group's capital and underwriting expertise.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/aksigorta
• YouTubeyoutube.com/user/AksigortaTV
• Facebookfacebook.com/aksigorta
• LinkedInlinkedin.com/company/aksigorta
• Instagraminstagram.com/aksigorta

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 Aksigorta Inc