On February 23, 2024, the Turkish Union of Chambers and Commodity Exchanges’ Insurance Expert Committee (TOBB-SEİK) convened with Davut Menteş, President of the Insurance and Private Pension Regulation and Supervision Agency (SEDDK), along with senior officials from the institution.
During this significant meeting, TOBB-SEİK’s Executive Committee presented updated statistics concerning the insurance claims adjusting profession and conveyed their professional demands and recommendations to President Menteş and his team.
Key topics discussed included:
– Implementing a sequence-based appointment system for compulsory motor vehicle insurance experts.
– Updating the minimum expert fee schedule.
– Addressing concerns regarding certain insurance companies failing to allocate claims for depreciation.
– Streamlining procedures for compensation payments related to depreciation.
– Evaluating restrictions on expert inquiries.
– Access to SBM reports.
– Revising the insurance coverage limits for mine workers and updating the risk assessment committee fees and appointment processes.
– Improving expert report writing systems.
– Recognizing insurance expertise in arbitration applications.
– Reviewing disciplinary procedures for experts appointed by the Insurance Arbitration Commission.
– Utilizing insurance experts in determining insurance values and assessing agreed-upon values.
– Strengthening the communication mechanisms between TOBB-SEİK and SEDDK.
This meeting represents a crucial step in addressing current challenges in the insurance sector, underscoring the collaborative efforts between insurance professionals and regulatory authorities.
