Erkan Şen

The Insurance Information and Monitoring Center was established as an institution possessing legal entity within the Association of Turkish Insurance and Reassurance Companies pursuant to article 31/B of the Insurance Law numbered 5684 in order to collect information which will constitute the basis for the risk assessment including the insurance malpractices with respect to the insured persons and the persons who benefit from the insurance contract even by indirect means and to ensure sharing of these information with the pension companies which are engaged in insurance, reassurance and insurance activities and the persons that are determined by the Ministry of Treasury and Finance of the Republic of Türkiye. The Insurance Information and Monitoring Center performs works by accumulating the data of the insurance sector in a single center in order to store these data in a safe manner, provide reliable and meaningful data and statistics to ensure that the sector can execute sound pricing, increase confidence in the insurance sector by preventing the misconduct and to assist in the activation of the supervision.