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Turkish P&I was established to meet liability insurance requirements of Turkish maritime interests which arise under Insurance Law no. 5684, enacted on 31.12.2013. A major purpose of this law is to establish a framework which legally compels Turkish interests to carry liability insurance for risks which are deemed mandatory to be insured under Turkish Laws & Regulations. In respect of Regulation on the Establishment and Operation Principles of Insurance and Reinsurance Companies; our company applied for license from Turkish Prime Ministry Undersecretariat of Treasury General Directorate of Insurance and received the operating license on 18.02.2014.
Turk P&I Insurance Company Türk P&I Insurance Company is located in Istanbul. Board of Directors consists of 10 members. It is made up of 5 Board members representing A Group shareholder, 3 Board members representing B Group shareholder, 1 Board members representing Türkiye Wealth Fund and 1 Board member representing Ministry of Transportation and Infrastructure of the Republic of Turkey and General Manager.
As Türk P&I, we always strive to do the best.
This insurance, usually referred to as "P&I," provides cover to shipowners, operators, and charterers for third-party liabilities encountered in the commercial operation of entered vessels.
Our passenger vessel liability insurance policy is designed for the pleasure craft industry and for smaller vessels not exceeding 1,000 GT and carrying no more than 500 passengers. Continue Reading
Türk P&I has developed a specialist insurance policy targeted at the yacht owning community. We pride ourselves on the quality of our customer service. We are able to support you 24 hours a day. Continue Reading
Our Dive Boat liability insurance offers additional covers to our dive boat owners recognizing that scuba diving brings risks which other policyholders do not have to deal with. Continue Reading
The challenges of the fishing industry change over time. It is essential that those who place themselves at risk in this most demanding of industries have the support of innovative and creative-thinking insurers. Continue Reading
Marine Hull Insurance covers physical loss or damage to the hull and machinery which constitute the vessel itself. Continue Reading
With the body of the yacht, in the port, shipyard, marina, sled or boathouse or pulling, transporting and launching equipment and equipment including damage to any damage as a result of secures. Continue Reading
Increased Value cover protects the shipowner against any difference between the insured value of the vessel and the market value of the vessel. Continue Reading
War and Strike risks such as rebellion, terrorism, piracy, mines, torpedoes, bombs or derelict weapons of war, capture, seizure are covered under our insurance policy. Continue Reading
FD&D is basically a type of insurance that provides legal advice in case of disputes that are not covered by P&I or any other insurances. Some of the legal costs are also covered. Continue Reading
The policy cover all risks, subject to exclusions- that would occur during the course of construction process, including launching and trial periods until final delivery to the Owners of the vessel. Continue Reading