Phillip Sigorta ve Reasürans Brokerliği A.Ş.

What Phillip Sigorta ve Reasürans Brokerliği A.Ş. does

Phillip Sigorta ve Reasürans Brokerliği A.Ş. is a Turkish independent insurance and reinsurance brokerage, established in 2017 and restructured in 2025 as a wholly-owned subsidiary of Singapore-headquartered PhillipCapital Group. Operating from a single Istanbul office in the Levent business district (Şişli) with approximately 13 employees, the firm places general and specialty insurance policies on behalf of individuals and corporate clients and earns transaction commissions from carriers. Its distribution relies on three channels: direct field sales for corporate accounts, a 2025-launched self-serve digital platform (online purchase/renewal, digital claim notification, mobile app, 24/7 support), and cross-border access to Asia-Pacific insurance markets through PhillipCapital Group's network.

The product portfolio spans five core service categories—Insurance Advisory, Individual Insurance, Corporate Insurance, Life Insurance, and Claims Management—plus a 2025 wave of specialty corporate products: Cyber Security Insurance, Directors & Officers Liability Insurance, Environmental Liability Insurance, and Product Recall Insurance. The firm's coverage spans at least nine verticals, including holdings and group companies, financial services, energy, logistics, construction, tourism, textile, automotive, and information technology. Operational scale as disclosed includes 5,000+ active policies, 60+ corporate business partners, and 25+ contracted insurance and reinsurance institutions; no revenue figures are publicly reported.

The business model is a pure independent brokerage: revenue derives from carrier commissions on placed policies, with pricing quote-based and varying by risk profile and coverage scope. Underlying technology is Microsoft Azure-hosted with SSL encryption, supporting a recently launched digital platform and mobile app; compliance posture covers Turkish KVKK (Law No. 6698), Insurance Law No. 5684, and GDPR. The strategic posture in 2025 reflects an offensive repositioning—digital transformation, specialty product expansion, and Asia-Pacific carrier partnership growth—rather than market defense.

Name

Phillip Sigorta ve Reasürans Brokerliği A.Ş.

Legal name

PHİLLİP SİGORTA VE REASÜRANS BROKERLİĞİ A.Ş.

Website

https://phillipsigorta.com.tr

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Phillip Sigorta ve Reasürans Brokerliği is a Turkish independent insurance and reinsurance brokerage (est. 2017) that places individual and corporate policies through direct sales, a self-serve digital platform, and Asia-Pacific carrier partnerships provided by parent PhillipCapital Group.

Ownership category

akta.pro rank

Headquarters

HQ city

İstanbul

HQ country

Türkiye

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: As an independent insurance and reinsurance broker, Phillip Insurance earns commissions from insurance companies for placing policies. The company serves as intermediary between clients and insurance providers, particularly providing access to Asian insurance markets through its international network.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Phillip Sigorta operates as an independent insurance and reinsurance brokerage intermediating between clients and insurance providers. The company distributes insurance and reinsurance products from 25+ contracted institutions and 60+ corporate partners to both individual consumers (health, life, auto, property) and corporate clients (property, liability, cyber, D&O, environmental, product recall). Revenue is earned via commissions from placed policies, supplemented by advisory, claims management, and access to Asian insurance markets through the parent PhillipCapital Group network.

Product overview

Phillip Insurance operates as an independent insurance and reinsurance broker providing a comprehensive suite of insurance services. The core offering consists of five main service categories: Insurance Advisory, Individual Insurance, Corporate Insurance, Life Insurance, and Claims Management. For corporate clients, the company offers specialized products including Cyber Security Insurance, Directors & Officers Liability Insurance, Environmental Liability Insurance, and Product Recall Insurance. A newly launched digital service platform enables customers to manage policy purchases, renewals, claim notifications, and instant policy viewing online 24/7, supported by mobile app and live support.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 5,000+ Active Policies
• +3 more outcomes

Named customers10 records

Segments11 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered flagship and core.

• Asia-Pacific Insurance CompaniesflagshipChannel Partner/ Reseller/ Distributor · 12 December 2025Through partnerships with leading insurance companies in the Asia-Pacific region, Phillip Insurance can offer clients broader coverage options and competitive prices. These partnerships provide significant advantages especially for clients engaged in international trade, enabling access to Asian insurance markets as an independent broker.
• 60+ Corporate Business PartnerscoreOthersThe company maintains relationships with over 60 corporate business partners supporting its insurance brokerage operations and service delivery.
• 25+ Contracted InstitutionscoreOthersPhillip Insurance has contractual relationships with more than 25 insurance and reinsurance institutions, enabling comprehensive coverage options for clients across various risk categories.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Market position

Weaknesses5 records

Competitive moat5 records

Customer concentration

• LinkedInlinkedin.com/company/phillip-sigorta-ve-reas%C3%BCrans-brokerli%C4%9Fi-a-%C5%9F

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Phillip Sigorta ve Reasürans Brokerliği A.Ş.