INSURANCE - TAKAFUL - Insurance company aims at conservatives in Turkey

Neova Insurance, a joint venture by five companies, aims at atracting customers who are cool towards insurance because of the their religious concerns, said the chief executive officer Tuesday at a press meeting in Istanbul.

Neova Insurance succeeded to realize premium generation of 44 million Turkish Liras by the end of September.

Özgür B. Koç, the CEO of the company said Neova aims to reach people living in Anatolian cities through different applications developed with concept of “Insurance of the Future.”

TAKAFUL - Group effort - FWU eyes Turkey

It's been a big year for FWU Group, as the business has been spreading its wings across the globe, acquiring new distribution partners and launching new products. Sohail Jaffer, Partner of FWU Group, explained all to Isla MacFarlane.