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Eureko Sigorta A.S. (Turkiye)

Main Activities: Insurance Carriers | Direct Life, Health, and Medical Insurance Carriers
Full name: Eureko Sigorta Anonim Sirketi Profile Updated: February 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Eureko Sigorta Anonim Sirketi is an insurance company located in Istanbul, Turkey. Founded in 1989 as Garanti Sigorta, it changed its name to Eureko Sigorta in October 2007. As a member of Achmea, one of the largest insurance partnerships globally, Eureko Sigorta is a leader in bancassurance in Turkey and operates with 17,000 employees across five countries. Eureko Sigorta offers insurance services and products in all branches of non-life insurance. It provides these services through Garanti BBVA and its nationwide network of agencies and brokers. The company has a widespread distribution network, thanks to its synergistic cooperation with Garanti BBVA, enabling it to reach hundreds of thousands of clients. In addition to the bank distribution channel, Eureko Sigorta also offers insurance services and products through its nationwide network of agents and brokers. The company has established long-standing relationships with international reinsurers such as Everest Re, Mapfre Re, Odyssey Re, Korean Re, Sompo Japan Re, Munich Re, and Swiss Re. It also collaborates closely with Milli Re, the largest reinsurer in Turkey. Eureko Sigorta distinguishes itself from its competitors through its business strategies, accurate perception of risk, portfolio structure, and high technology. It has a market share of 3.6% as of the end of 2017, making it one of the leading companies in the industry. The company is known for its effective marketing policies, fast and high-quality services, and commitment to ethical values. It has demonstrated stability and sustainability even during challenging economic times in Turkey.

Headquarters
No:20 Altunizade Mahallesi Ord.prof. Fahrettin Kerim Gokay Caddesi Uskudar
Istanbul; Marmara; Postal Code: 34662

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Website: http://www.eurekosigorta.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
April 18, 1989
Key Executives
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Chairman
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Total assets
102%
Investments
44.69%
Receivables
125.25%
Total equity
72.94%
Net Profit Trend
N/A

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