The session titled “The Future of Life Insurance in Türkiye: Addressing Underinsurance, Eliminating Gender Inequality, and Developing Innovative Products for a Changing Demographic,” took place under the moderation of Vasilis Katsipis, General Manager for MENA, South & Central Asia at A.M. Best. Key panelists included Pınar Kuriş, CEO of QNB Insurance & Life Insurance and a member of the TSB Life and Pension Management Committee; Cemal Kişmir, CEO of BNP Paribas Cardif and also a member of the TSB Life and Pension Management Committee; and Yannick Vincent, L&H Client Manager for Europe, Middle East, and Africa at Swiss Re.
The discussion spotlighted critical challenges hindering the growth of life insurance in Türkiye. Notably, it called for insurers to enhance their utilization of digital channels in order to better serve clients. Furthermore, it emphasized the role of reinsurers in harnessing artificial intelligence and technology to innovate product offerings. The panel also addressed the significance of the insurance sector in promoting female employment, highlighting the potential for greater diversity and inclusivity within the industry.
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