On September 18, 2024, the Private Pension Regulation and Supervision Authority (IPRSA) made a decision under resolution number 765 to grant a license to MALAKUT SİGORTA VE REASÜRANS BROKERLİĞİ AŞ for non-life insurance and reinsurance brokerage. This decision was made following an examination of the relevant regulations concerning Article 21 of Law No. 5684.