Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan...
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Transcript of Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan...
![Page 1: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/1.jpg)
Bancassurance in TurkeyHow to make them perform ?
Menekşe UçaroğluIUC
IUC
AIIF 2015Azerbaijan International
Insurance Forum 2 – 3 July, 2015
![Page 2: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/2.jpg)
Content
1.Presentation of IUC
2.Bancassurance in Turkey – How to make them perform ?
IUC
![Page 3: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/3.jpg)
IUC is a management and Consultancy Services Groupwhich operates in area of insurance business and is established to add quantifiable value to
-Reinsurance & Insurance Broking
-Claims Handling
-Network & Product Services
-Training Processes of Insurance Business
-Loss Adjsuting
We present our services via 5 different brand and company organisations . IUC is based in Istanbul, Turkey and has a representative office in Bakü, Azerbaijan and in Sofia, Bulgaria
IUC
IUC Insurance & Reinsurance Broking
![Page 4: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/4.jpg)
Bancassurance in Turkey
Basic Question for an Insurance Company
How to make them perform
?
IUC
![Page 5: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/5.jpg)
IUC
HOW TO MAKE THEM PERFORM ?
•SPECIAL BANCASSURANCE DEPARTMENT
•FREQUENT VISITS AND PROBLEM SOLVING
•INNOVATIVE PRODUCTS
•ABILITY TO ADAPT TO THEIR SPEED – IT, MARKETING ETC
•ABILITY TO ADAPT TO THEIR OPERATION
•EASY TO EXPLAIN & SELL PRODUCTS !
![Page 6: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/6.jpg)
IUC
• WHY THEY WANT TO SELL ?
• OWNERS OF INSURANCE COMPANIES
• NON-RISKY OPERATIONAL INCOME – PRESSURE OF PROFIT
• BETTER TECHNICAL RESULTS – HIGH COMMISSION
• NO COLLECTION PROBLEM
• BENCHMARKING AND COMPETITION
![Page 7: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/7.jpg)
IUC
HOW THEY SELL ?
•BANK BRANCH REPRESENTATIVES
•ATM
•CALL CENTER
•CREDIT LINKED
![Page 8: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/8.jpg)
IUC
OBSTACLES ?
•ANONYMOUS CLIENT
•CROSS-SELLING ? UP-SELLING ?
•LACK OF DIRECT CONTACT IN CASE OF CLAIM
•LOW RETENTION
![Page 9: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/9.jpg)
A REAL EXAMPLE FROM TURKISH MARKET
-A Network & Product Services Company established in 2008
-Special products designed for bancassurance
-2,000,000 policy holders from 23 Insurance Companies & Banks
IUC
![Page 10: Bancassurance in Turkey How to make them perform ? Menekşe Uçaroğlu IUC AIIF 2015 Azerbaijan International Insurance Forum 2 – 3 July, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022083009/5697bf881a28abf838c894ed/html5/thumbnails/10.jpg)
THANK YOU
IUC