Maher Holding Insurance Group expands to Europe

Efma feature

15 June 2020

Celebrating its third foundation anniversary this year, Quick Sigorta has decided to establish an insurance company in Europe after the efforts that it has been carrying on for almost a year.


Commenting on the matter, Maher Holding CEO Mr. Levent Uluçeçen stated that they made a leading decision to establish an insurance company in Europe, that they continue their research in this direction, and that they started to put their said intention into practice, following a decision that was made by the Board of Directors this week in the said direction.

Having started its operations 3 years ago on 10.06.2020 in Istanbul, Maher Holding has become the market leader within this period with regards to different insurance products, and as a company that possess Corpus Sigorta, which continues to grow rapidly, has decided to establish an insurance company in Europe. Maher Holding CEO Mr. Levent Uluçeçen indicated in his statement made to that effect that they made a leading decision on this issue and that they continue their research in this direction, and has said, “As a result of the studies conducted by our team that has been working on this matter for a year now, we have made a decision during the board of directors’ meeting to establish an insurance company in Europe. This will be a first in Turkey and our entire team is working hard to achieve this goal in high spirits. As you might be aware, we have already blazed a trail by buying a foreign insurance company, which we had renamed as Corpus Sigorta. In this sense, we will continue to pursue innovations and break new grounds. We will establish the new company in Europe with the support of our entire insurance group and Quick Sigorta will lead this process. Our goal is now to repeat the success that we have achieved in Turkey, also in Europe. I wish that our initiative will bring luck both to Turkey and to our sector”.

Expressing that they have been making innovations in many fields since the day they were established, Quick Sigorta General Manager Mr. Ahmet Yaşar has said, “As Quick Sigorta, we will lead the process of establishing a new insurance company in Europe. The new company to be established in Europe will actually acquire Quick Sigorta's technological infrastructure and adopt its operational understanding. As a result of the studies that lasted about 1 year, Maher Holding's Board of Directors has made a decision to initiate the actual works. This new company will be structured to serve all of Europe. As the location for the company headquarters, we have reached the point to decide between a Central European country and a Southern European country. We will inform the public when we make a final decision in this regard. I can say that Quick Sigorta, which is the pioneer of innovations in many fields, has entered a different course with this initiative. I wish that this initiative will bring luck both to Turkey and to our sector”.

Levent_Ulucecen-CEO.jpg (106 KB)
Mr. Levent Uluçeçen, CEO of Maher Holding

Keywords : Business strategy/Model , Insurance Products & Services

Geography : Turkey , Europe