Insurance Law

Insurance is one of the main tools for managing the risks faced by companies and individuals. Under Turkish law, insurance contracts are governed by the insurance provisions of the Turkish Commercial Code No. 6102 and the general conditions, while the activities of insurers are subject to the Insurance Law No. 5684 and the regulations of the Insurance and Private Pension Regulation and Supervision Authority.

In practice, disputes mostly concern the scope of cover, exclusions, notification duties, the occurrence of the insured event and the quantum of indemnity. The insurer’s right of recourse against those responsible for the loss after paying the claim is another common source of disputes.

Insurance disputes may be resolved before the courts, consumer arbitration committees or the Insurance Arbitration Commission. Construction and engineering projects, professional liability, marine and cargo insurance and reinsurance are specialised areas that require technical knowledge.

Our firm advises insurers, intermediaries and policyholders from policy review to claims and recourse, and represents clients in insurance disputes.