TAKAFUL - Neova in Central Asia push

Bulent Ozgur Koc - CEO, Neova Sigorta

Turkish insurer, Neova Sigorta, which started offering Takaful in Turkey last October, is planning to expand into Central Asia and Eastern Europe once it has strengthened its position in Turkey, its CEO said.

“Our priority is Turkey of course, but we are also interested in Central Asia and Eastern Europe in the longer term,” CEO Özgür Bülent Koç told The Islamic Globe.

 “First, we would like to develop our brand in Turkey and fulfill our potential here. After that, we may expand into the Turkic republics in Central Asia and then look into some of the Balkan countries such as Macedonia, Bosnia and Herzegovina, and Kosovo,” he added.(full story)

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.”