Doğal Afet Sigortaları Kurumu

What Doğal Afet Sigortaları Kurumu does

Doğal Afet Sigortaları Kurumu (DASK) is a Turkish government state entity that administers the Zorunlu Deprem Sigortası (Compulsory Earthquake Insurance, ZDS), the mandatory earthquake insurance program for all residential properties in Turkey. Established in 2000 under the Ministry of Treasury and Finance following the 1999 Kocaeli earthquake, DASK operates as an independent insurance pool funded by policyholder premiums and backed by international reinsurance, rather than by direct government appropriations. The institution serves every Turkish residential property owner, with ~11 million properties currently covered, and integrates policy issuance into mortgage origination and utility activation touchpoints to enforce mandatory participation.

DASK's core product is the ZDS policy, with tariffs updated in January 2024 to raise maximum per-dwelling coverage to 1,272,000 TL and introduce monthly inflation protection for new policies. Underlying the policy workflow is a digital platform that includes a 10-digit national Adres Kodu (Address Code) lookup system mandatory since March 1, 2013, an İnteraktif Deprem Haritası (Interactive Earthquake Hazard Map), and online self-service portals for policy inquiry, premium calculation, damage notification, and claims tracking. Türk Reasürans serves as the technical operator and developed the CATMOD catastrophic risk modeling platform. Distribution is multi-channel: authorized insurance agencies, authorized insurance companies, bank branches tied to mortgage origination, and the online platform at online.dask.gov.tr.

DASK's revenue mechanics are subscription-based annual premiums set by tariff, with payment capacity scaled via Türk Reasürans and international reinsurers. The pool paid 35 billion TL in compensation following the 2023 Kahramanmaraş earthquakes and currently maintains a damage payment capacity of 46 billion TL. Following that event, DASK announced expansion from earthquake-only coverage to all natural disasters including flooding, signaling a product-line broadening on top of the existing compulsory framework. Supplementary activities include the Depreme Dayanıklı Bina Tasarımı Yarışması (Earthquake-Resistant Building Design Competition), an annual university competition to promote seismic awareness.

Name

Doğal Afet Sigortaları Kurumu

Legal name

Doğal Afet Sigortaları Kurumu

Website

https://dask.gov.tr

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

DASK administers Turkey's mandatory residential earthquake insurance (Zorunlu Deprem Sigortası), serving all Turkish residential property owners via a digital platform, authorized insurance agencies, and bank channels, with ~11 million properties covered and reinsurance-backed payment capacity.

Ownership category

akta.pro rank

Headquarters

HQ city

Çekmeköy

HQ country

Türkiye

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Zorunlu Deprem Sigortası Premiums: DASK collects premiums from mandatory earthquake insurance policyholders. These premiums form an independent insurance fund completely separate from government resources. Premiums are kept affordable while providing substantial earthquake coverage.
2. International Reinsurance Protection: DASK supplements its coverage capacity by obtaining additional insurance protection from international reinsurers, expanding its ability to pay claims from major catastrophe events.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

DASK administers Turkey's legally mandatory Zorunlu Deprem Sigortası (ZDS) for all residential properties, collecting premiums from property owners and providing earthquake damage coverage up to 1,272,000 TL per dwelling. The institution runs an independent insurance fund separated from government resources, supplements its 46 billion TL claims capacity with international reinsurance, and operates digital self-service tools including address code lookup, premium calculation, and damage notification.

Product overview

Doğal Afet Sigortaları Kurumu (DASK) is Turkey's government-backed natural disaster insurance institution. Its core product is the Zorunlu Deprem Sigortası (Compulsory Earthquake Insurance, ZDS), a mandatory insurance product for residential properties. DASK operates as a platform providing both the core insurance product and a suite of digital online services — including policy inquiry, premium calculation, damage notification and inquiry, address code lookup, and an interactive earthquake risk map — all accessible through its web portal. The institution also manages social projects such as the Depreme Dayanıklı Bina Tasarımı Yarışması (Earthquake-Resistant Building Design Competition) for university students. DASK's offering is a single integrated insurance platform supplemented by digital self-service tools and public education initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• Depreme Dayanıklı Bina Tasarımı Yarışması: Earthquake-Resistant Building Design Competition organized by DASK for civil engineering students to raise earthquake awareness

Products and services

• Zorunlu Deprem Sigortası (ZDS) - Compulsory Earthquake Insurance Mandatory earthquake insurance for residential properties in Turkey, providing financial protection against earthquake damage with maximum coverage of 1,272,000 TL per dwelling. Required by law for all residential property owners and a prerequisite for housing loans and utility subscriptions.

Quantifiable outcome

• 35 billion TL in compensation paid following Kahramanmaraş Earthquake
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Türk Reasürans (Turkish Reinsurance)coreTechnology or Integration · 1 January 2000Türk Reasürans serves as DASK's Technical Operator (Teknik İşletici), managing the day-to-day operations of the earthquake insurance pool. They increased DASK's damage payment capacity from 25 billion to 46 billion lira and developed the Katastrofik Modelleme Platformu (CATMOD) for catastrophic risk modeling.
• T.C. Hazine ve Maliye Bakanlığı (Ministry of Treasury and Finance)coreStrategic or Co-development PartnerThe Ministry of Treasury and Finance is the regulatory supervisory body for DASK. The mandatory earthquake insurance system was established under Law following the 1999 Kocaeli earthquake. The ministry oversees DASK's operations and regulatory compliance.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Spanish Insurance Compensation Consortium (CCS): Spain's public catastrophe insurance consortium covering extraordinary risks including floods, earthquakes, and terrorism. Operates as an extra-premium-based pool comparable to DASK's structure as a state-backed catastrophe fund.
• California Earthquake Authority (CEA): California's publicly-managed, privately-funded catastrophe earthquake insurance pool for residential properties. CEA is the closest international structural analogue to DASK — both are government-backed residential earthquake pools funded by premiums and reinsurance rather than general tax revenue.
• Citizens Property Insurance Corporation: Florida's state-created residual property insurer of last resort, providing property catastrophe coverage where private markets withdraw. Comparable to DASK as a publicly-structured entity backstopping residential catastrophe risk with assessments and reinsurance.
• Japan Earthquake Reinsurance (JER): Japan's domestic earthquake reinsurance pool formed by domestic insurers and the government, providing catastrophe excess-of-loss reinsurance for residential earthquake policies. Comparable to DASK as a government-coordinated residential earthquake risk pool.
• CCRIF SPC (formerly Caribbean Catastrophe Risk Insurance Facility): Parametric catastrophe risk pool for Caribbean governments covering earthquakes, hurricanes, and excess rainfall. Structurally analogous to DASK as a multi-jurisdiction catastrophe insurance pool using reinsurance and risk modeling.
• Earthquake Commission (EQC) - New Zealand: New Zealand's statutory earthquake insurance scheme providing residential natural disaster cover funded by premiums on fire policies. EQC and DASK share the catastrophe-pool model with mandatory homeowner participation and government reinsurance backing.

Others

• Swiss Re: Global reinsurer that provides part of DASK's international reinsurance capacity. Relevant as a counterparty and as a reference point for catastrophe pricing/reinsurance structuring.
• Guy Carpenter & Company: Global reinsurance broker and catastrophe risk advisory that structures catastrophe pool and reinsurance programs. Indirectly comparable as ecosystem enabler for catastrophe insurance pools like DASK.

Regional players

• Insurance Commission of Jamaica (ICJ): Jamaica's statutory insurance regulator administering the Catastrophe Risk Insurance Facility (CCRIF-type) for residential property. Compares as a regional-government catastrophe insurance entity in another high-seismic geography.
• Türk Reasürans (Turkish Reinsurance): Turkey's national reinsurer and DASK's contracted Technical Operator, managing day-to-day pool operations and CATMOD catastrophe modeling. Highly relevant as the operational backbone of DASK and a domestic peer in Turkish catastrophe risk.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/dasktr
• YouTubeyoutube.com/user/DASKTurkiye
• Facebookfacebook.com/dask
• Instagraminstagram.com/dasktr
• LinkedInlinkedin.com/company/dasktr

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Doğal Afet Sigortaları Kurumu