The Northern Cyprus insurance sector is open to international cooperation with Türkiye, the Organization of Turkic States, and European countries within the framework of international cooperation and education initiatives, as Chairman of the Northern Cyprus Insurance and Reinsurance Companies Association Borte Barlasoglu said at the "Turkic States InsurTech Summit 2025", Trend reports.

"The goal is to establish common platforms in terms of both legislation and technological infrastructure and to turn the Turkish Republic of Northern Cyprus into a regional digital insurance center", Borte Barlasoglu explained. According to him, the Turkish Republic of Northern Cyprus considers it necessary to take several steps for the future of the insurance sector.

“The insurance sector in the Turkish Republic of Northern Cyprus is shifting from traditional models to a modern system based on digital and analytics, becoming one of the most transparent and innovative insurance bases in the region", the Chaiman added.