turkpandi

About Türk P&I

Who we are

Turkish P&I was established to meet liability insurance requirements of Turkish maritime interests which arise under Insurance Law no. 5684, enacted on 31.12.2013. A major purpose of this law is to establish a framework which legally compels Turkish interests to carry liability insurance for risks which are deemed mandatory to be insured under Turkish Laws & Regulations.

 

Laws and regulations enacted in Turkey in the last few years made it compulsory for majority of maritime interests in Turkey to carry P&I insurance, thus Turkish P&I was brought into existence to assist shipowners in having easier access to P&I insurances, which is deemed a speciality marine insurance product.

 

In respect of Regulation on the Establishment and Operation Principles of Insurance and Reinsurance Companies; our company applied for license from Turkish Prime Ministry Undersecretariat of Treasury General Directorate of Insurance and received the operating license on 18.02.2014.

Turk P&I Insurance Company is located in Istanbul. Board of Directors consists of 13 members. It is made up of 2 Board members representing A Group shareholder, 2 Board members representing B Group shareholder, 2 Board members representing C Group shareholder, 5 Board members representing D Group shareholder, 1 Board member representing Ministry of Transportation, Maritime Affairs and Communication and General Manager.

 

Our company's premiums are provided by Insurance Brokers authorized by Turkish Prime Ministry Undersecretariat of Treasury.

 

OUR MISSION/VALUES

Our mission is to have a expansive sales and marketing structure in the "Turkish Watercraft Protection and Indemnity Insurance Sector" with a innovative and leading corporate identity. Our principle is also to provide highest after sales service quality to our clients in order to become a medium term determining and important market maker with destructive enterprises.

Corporate mission :

.           Provide innovative and leading qualifications to the sector

.           Secure short range premiums stay in national boundaries

.           Provide a wider range of service with improved products

.           Provide highest service by provided covers and high limits to the Turkish Marine Sector.

.           Create quality and fast services by countinously updated analysis during all stages of the operation.

 

Corporate values:

 

Fair: Staying in equal distance clients, brokers and other sector representatives during the operation in order to provide fair services.

 

Transparent: Beeing transparent during all stages of the operation.

 

Dependable: All commitments given by employees and brokers to clients will be provided completly and on time.

 

Innovative: Reaching profitable and efficient solutions by using latest technology with consideration of human values.

 

Dynamic: Adapting to the changing social and economic environment with our young and dynamic structure, without compromising of our values.

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