IT insurance company in Turkey for sale

• Revenue: > 5M EUR
• Location of the IT insurance company: Turkey
• Reason for sale: The owners are open to discussing with interested buyers that want to invest in this company in order to grow the business in Europe
• #CFIE ITS107

This information technologies company has more than 20 years of experience in the software insurance market and over 100 employees who deliver solutions to big and medium-sized corporates. The company has a global target, the executives want an international investor that has the infrastructure, financial support and network to expand the company’s operations outside of Turkey. The company has a high rate of growing, it has many insurance companies as clients and various large insurance channels that use its SaaS-based insurance network.

The company is a software supplier, it develops SaaS systems to help insurance companies to make their business more efficient. The company has as clients many insurance companies, including banks, brokers and agencies.

The Company has a complete insurance system that works as a Microsoft platform and which holds a technology structure that contains Web, SOA, Mobile, Business Process Management and Intelligence with independent components called insurance architecture components for horizontal use in all sectors and vertical use in the insurance sector. Moreover, the company has the potential to become one of the few entities that can offer a complex solution that combines life insurance and non-life insurance in a single infrastructure. The Company has many activities and interests in developing corporate expense management systems and financial systems. Due to innovation brought by the company’s experts to collection processes, a payment service network integrates nearly all instalment cards of the banks with insurance companies and channels. The result is a better collection for insurance companies. Also, the Company has developed and now is offering software as a service products focused on human resources. The company’s systems combine sale and after-sale services, CRM processes, sales channels and call centers. All of these with their integrated functions help the insurance companies to design and apply customer strategies that will increase customer satisfaction and revenues.

The Company is ISO certified, fact that ensures the high quality of its products. One of the company’s top interest is a technological product that the company has begun to produce and which is designed and directed for utility technologies and services sector. Is a sophisticated infrastructure that allows the company to diversify its products. All in one, the company’s infrastructure brings competitive advantage to banking, insurance and distribution channels, its collection and service products, process-based solutions allow the company to be an important factor that will assure life insurance companies to make the transition from traditional systems to digital world.

The company distributes complete insurance systems solutions and also product components to insurance and global finance sector. It uses large system integrators such as HCL. Having the role of an end-to-end insurance software systems supplier, the company delivers services such as:

• Business Process Management
• Intelligence
• Insurance Architecture Components
• Network integration

• The company activates in delivering IT insurance solutions
• The company has complex products and solutions that help clients to have a more efficient activity
• The executives are looking to discussing with interested buyers that want to invest in this company in order to grow its operations