Zeytin Sigorta Authorized Insurance Agent

What Zeytin Sigorta Authorized Insurance Agent does

Zeytin Sigorta is an authorized insurance agency (sigorta acentesi) operating from a single office in the Maltepe district of Istanbul, Turkey. Founded on 14 February 1996 by Selma Çüles under license from Türkiye Odalar ve Borsalar Birliği Sigortacılık Genel Müdürlüğü, the firm distributes insurance products across multiple carriers on a commission basis. Its product portfolio spans mandatory and voluntary lines including traffic insurance, comprehensive auto (kasko), DASK earthquake, health, life, fire/property, transport/marine, engineering, individual pension (BES), and TARSİM government-subsidized agricultural insurance. The agency also acts as an authorized distributor for the TARSİM Agricultural Insurance Pool, enabling it to serve farmers with subsidized crop, greenhouse, and livestock coverage.

The business runs on a relationship-driven advisory model: customers initiate contact via website form, phone, WhatsApp, or office visits, and a 14-person team provides personalized risk profiling and policy comparison across partner insurers. The underlying technology is non-proprietary — there is no API, mobile app, or digital platform beyond a content website and social media presence (Instagram, Facebook, LinkedIn, WhatsApp). The firm claims a top-five ranking with each partner insurance company and a 4.8 Google Reviews rating across 73 reviews, indicating a stable local reputation in its catchment.

Revenue is generated entirely through carrier commissions on placed policies; no direct premiums, subscription fees, or other revenue streams are reported. Zeytin is a privately held, family-owned limited liability company (LTD.ŞTİ) with no institutional investors, no subsidiaries, and no disclosed funding. The current operating focus is on Turkish domestic clients across three segments: individual consumers (the primary segment), small and medium enterprises, and the agricultural sector.

Name

Zeytin Sigorta Authorized Insurance Agent

Legal name

ZEYTİN SİGORTA ARAC.HİZ.LTD.ŞTİ

Website

https://zeytinsigorta.com.tr

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Zeytin Sigorta is a 14-person authorized insurance agency in Istanbul, Turkey, distributing multi-carrier insurance products across auto, health, property, life, and agricultural lines to individual consumers, SMEs, and farmers via direct advisory consultations.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Insurance brokerage services
• Vehicle insurance coverage
• Health insurance plans
• Commercial insurance solutions
• Life insurance products

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

Revenue model

1. Insurance Agency Commission: Zeytin Sigorta operates as an authorized insurance agency (sigorta acentesi), earning commissions from insurance companies for policies placed. The firm works across multiple insurance carriers to find the most competitive pricing and coverage for clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Zeytin Sigorta is an authorized insurance agency (sigorta acentesi) that brokers and places insurance policies with multiple partner insurance carriers for individual and corporate clients in Turkey. The firm provides advisory, risk profiling, and claims support across personal lines (traffic, kasko, health, DASK earthquake, home, life, individual pension) and commercial lines (fire/property, engineering, transport, agricultural, business package), earning commissions from insurers for each policy placed.

Product overview

Zeytin Sigorta is an insurance agency offering a comprehensive portfolio of insurance products and financial services. The company provides traffic insurance, comprehensive auto (kasko) insurance, health insurance, earthquake (DASK) insurance, fire insurance, life insurance, transport/marine insurance, agricultural insurance, individual pension (BES), and engineering insurance. As an insurance intermediary, the company acts as a broker connecting customers with various insurance companies to find optimal coverage solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Trafik Sigortası (Traffic Insurance) Mandatory motor vehicle liability insurance covering bodily injury and property damage to third parties caused during the operation of a motor vehicle, as regulated under Turkey's Traffic Law 2918.
• Kasko Sigortası (Comprehensive Auto Insurance) Comprehensive vehicle insurance covering accidents, theft, fire, and damage caused by third parties, providing protection for the policyholder's own vehicle.
• Sağlık Sigortaları (Health Insurance) Private health insurance covering medical expenses including inpatient treatment (surgeries, hospitalization) and outpatient treatment (doctor visits, diagnostics, medications), with optional vision and dental coverage.
• DASK Sigortası (Earthquake Insurance) Mandatory earthquake insurance (Zorunlu Deprem Sigortası) covering residential buildings against earthquake damage, required under Law Decree No. 587 for properties in Turkey.
• Yangın Sigortası (Fire Insurance) Fire and property insurance covering residential packages (Konut Paket Sigortası) and business packages (İşyeri Paket Sigortası), protecting against fire, lightning, explosion, smoke, earthquake, flood, theft, and additional risks.
• Hayat Sigortası (Life Insurance) Life insurance products including risk-based life insurance (term life with death and disability coverage) and accumulation-based life insurance (long-term savings with investment components, minimum 10-year terms).
• Nakliyat Sigortası (Transport Insurance) Transit insurance covering goods during transportation by ship, truck, plane, or train, including marine cargo insurance, yacht/pleasure boat insurance, and full loss coverage.
• Tarım Sigortası (Agricultural Insurance) Agricultural insurance through TARSİM (Agricultural Insurance Pool) covering crop insurance (hail, fire, quality loss), greenhouse insurance (glass/plastic), and livestock insurance against diseases, accidents, and natural disasters.
• Bireysel Emeklilik Sistemi (BES - Individual Pension System) Voluntary individual pension system providing retirement savings with tax advantages, managed through pension companies with investment fund options, requiring 10-year participation and minimum age 56 for retirement eligibility.
• Mühendislik Sigortası (Engineering Insurance) Engineering insurance products including electronic device insurance, construction insurance, machine breakdown insurance, erection insurance, natural gas installation insurance, and optional third-party liability coverage for technical installations.

Quantifiable outcome

• 100% Customer Satisfaction Guarantee across all insurance services

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• TARSİM (Tarım Sigortaları Havuzu İşletmesi A.Ş.)coreChannel Partner/ Reseller/ DistributorZeytin Sigorta acts as an authorized agent for TARSİM, the government-backed Agricultural Insurance Pool in Turkey, facilitating the issuance of government-subsidized crop, greenhouse, and livestock insurance policies for farmers registered in the Çiftçi Kayıt Sistemi (Farmer Registration System). The partnership enables Zeytin to offer subsidized agricultural insurance products including dolu (hail) coverage, fire insurance, quality degradation coverage, and greenhouse insurance under the TARSİM framework.

Scale indicators2 records

Recent moves4 records

Expansion highlights2 records

Regional players

• Agesa Hayat ve Emeklilik: Turkish life insurance and individual pension (BES) company with a tied agency network. Comparable to Zeytin Sigorta's life and BES distribution, though focused specifically on life and pension products rather than the agency's broader multi-line portfolio.
• Güneş Sigorta: Turkish non-life insurance carrier distributing property, motor, and commercial coverage through agency networks. Comparable to Zeytin Sigorta as a Turkish market multi-line distributor, though operating as a carrier rather than a multi-carrier intermediary.

Broad incumbents

• AXA Sigorta: Leading Turkish insurer offering motor, health, home, and life insurance through both direct and agency channels. Comparable multi-line product offering to Zeytin Sigorta but operating at insurer scale with proprietary products and pricing control.
• Aon Turkey: Global insurance broker and risk advisor with a Turkish presence serving corporate and mid-market clients. Competes for the same commercial insurance placement business Zeytin Sigorta handles for its Kurumsal segment, though at significantly larger scale and broader product scope.
• Allianz Sigorta: One of Turkey's leading insurance carriers operating across life, health, motor, and property lines through both direct and agency channels. Comparable as a multi-line insurance distributor in the same Turkish market, though operating as a carrier rather than a pure intermediary.
• Marsh & McLennan: Global insurance brokerage and risk advisory firm operating in Turkey. Comparable as a multi-carrier insurance intermediary serving commercial clients, but at far larger scale, with broader geographic and product coverage than Zeytin Sigorta's Istanbul-focused agency.
• Anadolu Sigorta: Major Turkish non-life insurance carrier distributing motor, health, and property products via agency networks. Competes with Zeytin Sigorta indirectly as both a partner carrier and a competitor agency channel within the Turkish market.

Direct peers

• Koalay: Turkish digital insurance broker offering instant online quotes and policy issuance across multiple carriers and product lines. Competes with Zeytin Sigorta for the same individual and SMB insurance customers but through an automated, technology-led channel.
• Sigortam.net: One of Turkey's largest digital insurance comparison and brokerage platforms, distributing multi-carrier policies (auto, health, home, life) directly to consumers — directly overlapping with Zeytin Sigorta's multi-line agency model but delivered via a digital-first, self-service channel.

Others

• TARSİM (Tarım Sigortaları Havuzu): Government-backed Agricultural Insurance Pool in Turkey. Zeytin Sigorta operates as an authorized distribution partner for TARSİM products; relevant as the upstream institutional counterparty and ecosystem participant in the agricultural insurance value chain.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ZeytinSigorta
• LinkedInlinkedin.com/company/zeytin-sigorta-ara-hiz-ltd-ti-
• Instagraminstagram.com/zeytinsigorta

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 Zeytin Sigorta Authorized Insurance Agent