Türk 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.
Turk P&I Insurance Company
is located in Istanbul. Board of Directors consists of 13 members. It is made up of 2 Board members representing A Group shareholder, 2 Board members representing B Group shareholder, 2 Board members representing C Group shareholder, 5 Board members representing D Group shareholder, 1 Board member representing Ministry of Transportation, Maritime Affairs and Communication and General Manager.