During the recent Turkic States InsurTech Summit, Özgür Obalı, Secretary General of the Insurance Association of Türkiye (TSB), proposed the creation of a unified InsurTech ecosystem among Turkic nations. This initiative aims to enhance collaboration and innovation within the insurance technology sector across these countries.
The Turkic States InsurTech Summit gathered key industry players from various Turkic states to discuss advancements in insurance technology. Obalı emphasized the potential for a cohesive network to streamline processes, share best practices, and drive development in the region's insurance markets.
This initiative could significantly influence how insurance operates within Turkic countries. By breaking down silos, stakeholders could benefit from shared knowledge and tools, ultimately improving customer experiences and services offered in these markets. The focus on collaboration may also attract investment and innovation in the insurance sector, aligning with global trends.
As the discussion around a unified InsurTech ecosystem progresses, it's clear that the Turkic states perceive the value of working together in a rapidly evolving industry. This initiative, if realized, has the potential to shape the future of insurance in the region.
Original Source: https://en.apa.az/finance/unified-insurtech-ecosystem-proposed-among-turkic-states-482045