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Press Releases and Announcements

Strategic Cooperation Between Alternatif Bank and Zurich Türkiye

12 March 2025


Alternatif Bank and Zurich Insurance Group Türkiye entered into a long-term strategic cooperation in insurance. In this scope, Alternatif Bank’s retail, commercial, and corporate customers will be able to take advantage of broad range of products and services of Zurich Türkiye. 

Alternatif Bank and Zurich Türkiye announced that they entered into a long-term cooperation to fulfill the insurance needs of their customers. Under this agreement, retail, commercial, and corporate customers of Alternatif Bank will be able to take advantage of innovative and customer-oriented products and services of Zurich Insurance in life, private pension, health, and elementary insurance areas.

 We will continue to carry out investments further with robust cooperations in line with our vision of sustainable growth and mission of adding value to all stakeholders.

Yılmaz Yıldız, CEO of Zurich Insurance Group Türkiye, expressed that they maintained their investments in Türkiye with dedication: “We have had a quite successful and profitable performance in Türkiye for a long time. We are one of the leading international investors in Türkiye. Recently, we acquired Mapfre Yaşam and NN Hayat ve Emeklilik companies and had a jump start in life and pension sector. Our investment is a clear indication of our confidence in the future of Türkiye and Turkish economy. We will continue to carry out investments further with robust cooperations in line with our vision of sustainable growth and mission of adding value to all stakeholders. Thanks to this strategic partnership that we established with Alternatif Bank, we will offer our customer innovative and reliable insurance solutions that they need at every stage of their lives. We are confident that this cooperation will be a huge success thanks to strong structure, customer-oriented approach, and experienced leadership of Alternatif Bank.” 

Alternatif Bank CEO Ozan Kırmızı made the following remarks about the cooperation: “As Alternatif Bank, we place emphasis on cooperations that will fulfill the needs of our customers and that may create added value. Under our long-term cooperation with Zurich Türkiye, operation of Zurich Insurance Group in both non-life and life and pension business lines can fulfill all insurance-related needs of our customers. Key items of our cooperations involve offering benefits to our customers, with digitalization and sustainability at the core of our strategy, and utilizing our digital competencies at the same time. We are glad to have joined forces with Zurich Group, which reciprocates our approach, in bancassurance area.”

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