Nurol Insurance Brokerage Services Inc. was established in 1994 as an A type insurance agency representing Başak Insurance Inc., Anadolu Insurance Inc., American International Group Insurance Inc., Generali Insurance Inc., Axa Oyak Insurance Inc., Axa Oyak Hayat Insurance Inc. and Başak Hayat Insurance Inc.  The company issues comprehensive insurance policies (fire, residential, traffic, motor vehicle, transportation, engineering, earthquake, life, health). The company was initially established to address the insurance problems and needs of the Nurol Group. Nurol Insurance rapidly fulfilled the goal, but moved on to serve other clients outside the Nurol Group. In 2002, the company manage to reach the client portfolio target (excluding the Nurol Group) of 40%.

In 2002 Nurol Insurance generated TL829 billion in income of which TL464 billion was operating income and TL365 billion was income from other operations. In contrast, our expenses stood at TL599 billion, generating TL230 billion in pre-tax profits in 2002.

The company’ s goal for 2003 is to build on the current portfolio with greater efficiency to generate additional clients. However, the current economic environment and uncertainties has forced Nurol Insurance to take a cautions approach to new investment. For this reason, the insurance brokerage firms intends to maintain its staff and reinforce in the future to intensively market quality products to the masses.   Date of Foundation : 1994   Headquarters : Ankara   Number of Employees : 10   Deputy General Manager : Ömer KIZIL   Accounting Manager : Ayşegül ŞENSES