Turkish Insurance News

Sompo Japan Insurance Agents gave ‘Promise of Leadership’

[:tr]Sompo Japan Insurance, with 350 agencies in Turkey are between 27-30 October in Cyprus met Elexus Hotel. In a 4-day meeting organized with the Promise of Leadership concept, the General Manager of Sompo Japan Recai Dalas gave information about the successes of the company in the insurance sector from past to present.[:]

Sompo Japan Insurance Agents gave ‘Promise of Leadership’
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11 Ekim 2018 - 17:00

Sompo Japan Insurance, with 350 agencies in Turkey are between 27-30 October in Cyprus met Elexus Hotel. In a 4-day meeting organized with the Promise of Leadership concept, the General Manager of Sompo Japan Recai Dalas gave information about the successes of the company in the insurance sector from past to present. Özer Simsek, Vice President of Marketing and Sales of Sompo Japan Insurance, talked about the changes in the fields of marketing and sales and explained the brand’s new brand identity and perspective. Sabancı University Head of Finance Dr. Ozgur Demirtas, the meeting continued with his assessment of Turkey’s economy continued with workshops and evaluation meetings.

As a result of the process of the company from its inception to the present day, the General Manager Recai Dalaş, who transferred the targets of Sompo Japan Insurance to 2018, has left behind many difficult conditions and reached a position that played a leading role in the sector. Instead of following our competitors at the point we come, we are successfully moving towards differentiation by creating our own culture. We have become one of the most successful and most reliable companies with our stable management, employees and results. In 2010, we will generate TL 319 million in premium production, and at the end of 2018, we will generate TL 2.7 billion in premium production. Our market share rose from 2.8 percent to 5.4 percent. Our paid capital increased from TL 5 million to TL 190 million. Our number of agents, which are 754, exceeded 2,250 in 2018, he said.

Underlining that they prefer not to grow consciously until 2011, Dalaş continued his words: Profitability is the fuel of growth and we have entered a period of continuous growth since 2012. At present, the sector has lost 5 TL while we make an operational profit of 8 TL. In this respect, we see a growth of over 40 percent in the last 2 years. This means that the capital gets back its capital in two years, which is a world record.