InsurTech in North Cyprus: How CAN Sigorta Is Building the Future of Insurance

The insurance world is changing — not slowly, but rapidly, and digitally. From policy pricing to claims processing, everything is now driven by technology and customer need. In global markets, the term InsurTech has become synonymous with disruption.

But North Cyprus isn’t just watching that disruption. It’s living it — thanks to a pioneering local force: CAN Sigorta.

If you think digital insurance is only for big countries or global players, think again. The story of InsurTech in North Cyprus starts right here, with one company rewriting the rules of how insurance works on this island.

What Is InsurTech — and Why Does It Matter?

InsurTech is the combination of insurance and technology. It includes everything that brings speed, personalization, and automation into insurance processes. It’s not just about apps or websites. It’s about rethinking insurance from the first click to the final claim payment.

Think of:

• Online policy issuing without visiting an office

• Instant quotes generated by smart systems

• Claims processed via video call and digital photos

• Personalization based on real data — not guesswork

• Secure 3D payment links instead of cash and paperwork

In short, InsurTech makes insurance smarter, faster, and safer. And that’s exactly what CAN Sigorta has been building since it stepped into the digital revolution.

Why North Cyprus Needs InsurTech

North Cyprus has unique dynamics — a mix of locals, expats, seasonal residents, and foreign property owners. People need fast service, multilingual support, and flexible insurance that adapts to their lifestyle.

Here’s the truth: the old model of insurance is too slow for modern Cyprus. Customers don’t want to wait for callbacks or drive to offices during work hours. They want insurance to work like shopping, banking, and travel booking — available anytime, from anywhere, on their phone.

That’s where CAN Sigorta stands out.

CAN Sigorta: The First Fully Digitized Insurer in North Cyprus

CAN Sigorta blended decades of insurance expertise with tech-driven obsession — turning itself into the region’s leading InsurTech engine.

Here’s what makes it work:

1. Instant WhatsApp Quoting

Just send your logbook and ID. No typing. No forms. A trained team and tech-supported processes give accurate quotes 24/7.

2. 100% Digital Policies

Receive your policy by email or WhatsApp — instantly. Legally valid. Easily forwarded, printed, or stored on your device.

3. 3D Secure Payments

No cash required. Since November 2025, traffic policies must be paid by credit card. CAN Sigorta was ready with a click-to-pay system before the regulation even kicked in.

4. 24/7 Service — Online and Human

Whether it’s midnight in Karşıyaka or a Sunday morning near the Abbey, CAN Sigorta answers. WhatsApp first, human backup always.

But It Doesn’t Stop Here: InsurTech Roadmap

CAN Sigorta isn't just reacting to change. It’s driving it. Here’s what's coming:

🔹 OCR Logbook Scanning
Coming soon — take a photo of your logbook, our system reads it, and returns a quote in seconds.

🔹 AI-driven Policy Suggestions
Using your car model, location, and driving history, our system will suggest the ideal coverage — faster and smarter than any agent.

🔹 Self-Service Claim Portal
Track claims, upload evidence, and stay informed — just like tracking a package. Transparent, secure, and stress-free.

Strength Behind the Screens

Whatever the tech, CAN Sigorta's foundation remains strong. We are backed by Millî Reasürans — the leading reinsurance company in the region and part of the Türkiye İş Bankası group. That means AI meets actuarial discipline. Digital speed meets institutional trust.

Why CAN Sigorta Is the Face of InsurTech in North Cyprus

We didn’t copy global platforms. We built solutions tailored to Kyrenia, Nicosia, Famagusta, and everywhere in between. Solutions that work for:

• Expats buying cars or homes

• Students renting apartments

• Investors managing portfolios remotely

• Locals who just want faster, easier protection

The Future Is Now. And It’s Local.

With CAN Sigorta, you don’t just buy insurance. You access a fully digital ecosystem that protects your car, home, and peace of mind — anywhere, anytime.

We were here in 1958.
We’re here in 2025.
We’re building for 2030 and beyond.

Yes, We CAN.