Quick Sigorta AS
BBIST:QUICK40.40
TRY
+1.28
(+3.27%)
Quick Sigorta AS
BIST:QUICK
(Istanbul Exchange)
Recent
price
40.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Quick Sigorta AS is a Turkey-based non-life insurance and insurtech company that provides general insurance, financial surety, and risk management solutions to individual, commercial, and institutional clients. The company operates across diverse non-life underwriting segments, with core offerings organized into key product categories: motor vehicle insurance, comprising compulsory motor third-party liability insurance, comprehensive motor own-damage coverage, and specialized motorcycle insurance; property and catastrophe insurance, including compulsory earthquake insurance, residential building and contents coverage, commercial property protection, and business interruption insurance; health and personal protection, encompassing complementary health insurance, emergency healthcare coverage, travel medical insurance, and personal accident policies; casualty, liability, and transport insurance, covering employer liability, professional indemnity, commercial general third-party liability, and marine freight cargo transit insurance; and specialized financial lines, featuring digital surety bonds, tender and performance guarantee bonds, building completion insurance, and commercial invoice receivables guarantee insurance. Quick Sigorta AS distributes its products through an omnichannel architecture that combines proprietary digital direct-to-consumer mobile and web platforms, authorized independent agencies, insurance brokerage firms, and institutional partner integrations across Turkey. In recent operational and strategic developments, the company has expanded its specialized financial lines by scaling digital surety bond issuances and building completion underwriting programs to support nationwide urban redevelopment and public infrastructure projects; deepened financial ecosystem integrations with parent group affiliates, including Quick Finans for embedded consumer credit financing and insurance packages and MHR GYO for structured real estate risk underwriting; entered into strategic digital distribution agreements with fintech platforms, automotive aggregators, and retail ecosystems for automated, point-of-sale policy issuance; and deployed artificial intelligence-enabled underwriting engines alongside automated claims management platforms to accelerate instant policy delivery and claims settlement workflows. Founded in 2016 as an operating subsidiary of Maher Holding, Quick Sigorta AS is headquartered in Istanbul, Turkey.