Price Forbes Türkiye has appointed Ali Arısoy as its new chief broking officer to expand its presence in the region.
Arısoy brings more than 15 years of experience in reinsurance to the new role.
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With a technical background in overseeing the construction and operations of industrial-scale power plants, Arısoy began his career as a project manager for a global engineering, procurement and construction company.
He lent his expertise to the establishment of VHV Reasürans, the first Turkish foreign direct investment reinsurer.
During his tenure at VHV Reasürans, he held various leadership positions and contributed to the creation of engineering, specialty, treaty and retrocession departments.
His underwriting work extended across 38 countries in central and eastern Europe, the Middle East and North Africa, and the Commonwealth of Independent States.
Commenting on his appointment, Arısoy said: “I am excited to join Price Forbes and to reconnect with our clients and business partners within the region with our highly skilled team of specialists. Together, we are committed to establishing Price Forbes Türkiye as the foremost wholesale and reinsurance broker in the market, delivering tailored solutions to our clients within the region.”
Price Forbes Türkiye CEO Gökçen Süer added: “I am pleased to welcome Ali to our team. His technical expertise in underwriting, claims and reinsurance will make a vital contribution to our growth strategy within the region. And his relationship-centred approach will help us drive growth while continuing to deliver high-quality solutions for our clients and trading partners across our key markets.”
Price Forbes Türkiye is the recently rebranded entity of Besso Sigorta, a subsidiary of Besso Insurance Group, and a licensed broker within the Turkish market.
The rebranding follows Besso Insurance Group’s acquisition by BGC Partners in 2017.
In 2021, the Ardonagh Group acquired BGC Partners’ insurance operations for $500m (£402.79m).
Ardonagh Specialty serves as the parent company for a range of independent brokers including Price Forbes.
