Anadolu Anonim Türk Sigorta Şirketi (Anadolu Insurance Company), established on April 1, 1925, by
Mustafa Kemal Atatürk, was the first national
insurance company
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
of
Turkey
Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula in ...
. It remains one of the largest insurance companies in the country.
History
Anadolu Sigorta was founded on April 1, 1925, at the initiative of Gazi Mustafa Kemal and under the leadership of
İşbank
İşbank, officially Türkiye İş Bankası, is a commercial bank in Turkey. It was the largest private bank in the country by the size of total assets, total loans, total deposits and equity, as well as by the number of branches and employees a ...
, Turkey's first national bank.
Blue Insurance policies marking the introduction of comprehensive insurance system in Turkey and offering 17 types of cover were put on sale for the first time in 1983. The following year, highly acclaimed in by the public and the sector, "Insurance of the Future", the most comprehensive life policy ever offered in Turkey, was introduced. In 1986, representing a new branch in the Turkish insurance business, "Electronic Equipment Insurance" was first started by Anadolu Sigorta.
In 1991, Anadolu Sigorta transferred the life branch to Anadolu Hayat Sigorta Şirketi, a newly-formed life insurer as required by law. In 1993, the company extended administrative and technical assistance to Günay Anadolu Sigorta which founded and started to operate in Azerbaijan, and became the first Turkish insurance company to set up an international operation. Policies in legal protection insurance branch, another first in Turkey, were written by the company in 1996. The next year, aiming to make the most of the possibilities offered by IT, Anadolu Sigorta launched a "Recon Project". Services were made more efficient and productive with the inclusion of all services and agencies in the data processing network with online and real-time systems.
In order to provide the fastest and most comprehensive service to its policyholders in the aftermath of the
disastrous earthquake on August 17, 1999, the Company worked round the clock to provide uninterrupted service.
In 2004, the company expanded its service range by taking over the health branch from Anadolu Hayat Emeklilik, which the law required that company to give up. Anadolu Sigorta was awarded its ISO 9001:2000 Quality Management System certification, an endorsement proving that the company's quality management system complies with international standards.
Anadolu Sigorta celebrated its 85th anniversary in 2010 and launched its new social responsibility project, “Bir Usta Bin Usta” (From One Master to One Thousand), thus contributing to revitalize vanishing professions in Anatolia. The following year, The Company moved its headquarters to Kavacık, and continues to offer its services at nine regional branches in Turkey, (Adana, İzmir, Bursa, Ankara, Samsun, Trabzon, Antalya, İstanbul Kadıköy and Beşiktaş) and TRNC branch.
See also
*
Türkiye İş Bankası
References
External links
*
Companies listed on the Istanbul Stock Exchange
Financial services companies established in 1925
Companies based in Istanbul
Insurance companies of Turkey
Turkish brands
Turkish companies established in 1925
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