Acrisure enters Turkey through Monopoli Sigorta partnership
Acrisure announced a partnership with Turkish insurance intermediary Monopoli Sigorta, marking Acrisure’s entry into the Turkish market.
Founded more than 25 years ago and based in Istanbul, Monopoli Sigorta serves corporate and individual clients across Turkey. The company will continue operating under its existing brand and leadership, with co-founders Erol Esentürk and İzzet Bonofiyel remaining in their roles.
The partnership gives Monopoli access to Acrisure’s technology, data analytics, risk advisory, and AI capabilities, while allowing Acrisure to expand its international presence. Financial terms were not disclosed.
“I am delighted to welcome Monopoli Sigorta to Acrisure as our Turkish partner. Establishing our first presence in the region has long been a priority for Acrisure. Erol and Izzet share our entrepreneurial mindset, our commitment to sustainable growth, and our dedication to placing clients at the centre of everything we do. We are looking forward to working with the entire team to build on this deep local foundation and to identify further opportunities for growth together. Here’s to a long and successful partnership.” – Jason Howard, President of Acrisure International.
“Today is a moment of deep pride and great excitement for us. Twenty-five years ago, we set out to build an insurance intermediary defined by trust, long-term relationships and a genuine commitment to the people we serve. Everything Monopoli Sigorta has become has been built together with our exceptional team and with the support of our clients, insurance company partners and business partners. We are also grateful to EMF Capital Partners, our partner for the past decade, whose support played an important role in strengthening Monopoli Sigorta’s institutional development and preparing us for this next chapter. Joining forces with Acrisure marks an exciting new stage in our journey. It represents continuity in leadership, culture and values, while giving us access to broader expertise, stronger capabilities and a truly global perspective. Together, we are even better positioned to create value for our clients, partners and colleagues in Türkiye. This is a proud moment for Monopoli Sigorta and a meaningful one for the Turkish insurance sector. We are grateful for everything that has brought us here and excited about the opportunities ahead.” – Erol Esentürk and İzzet Bonofiyel, Co-Founders of Monopoli Sigorta.
“We are proud of the journey Monopoli Sigorta has taken since EMF Capital Partners first invested in 2016. Over the past decade, the company has undergone a significant strategic evolution. As Monopoli enters this new chapter, we wish Acrisure every success in stewarding this exceptional business through its next phase of growth.” – John Richards, COO of EMF Capital Partners and outgoing Director of Monopoli Sigorta.
