The latest expansion from MNK International;
MNK International, a leading independent Lloyd’s broker, has acquired a new broker in Türkiye. The business will focus on insurance and reinsurance solutions across a range of complex and specialty risks. With operations headquartered in Istanbul, MNK International Türkiye will service Turkish clients, offering tailored solutions across all business lines including property, engineering, financial lines, and aviation.
As part of MNK Group, headquartered in London, MNK International Türkiye will benefit from access to internal group capacity including a global network of MGAs and other risk bearing entities within the group. This will enable them to offer dynamic and innovative solutions from multiple jurisdictions.
The business will be led by Erhan Ergüneş, who brings 20 years of industry experience to the role. This includes senior positions at leading insurers such as Allianz, Generali, Helvetia, and Chubb. As CEO of the business, he will spearhead efforts to deliver innovative products across a range of business lines, and leverage MNK’s global network to find solutions for emerging and complex risks.
Chairman of MNK Group, Manoj Kumar commented:
“I am delighted to announce our expansion into Türkiye, which marks another milestone in MNK Group’s global expansion. Erhan’s experience in the region has given him a deep understanding of the local insurance landscape and the international standards our clients expect.
“With our international capabilities and network, this latest acquisition will deliver a level of flexibility to clients in Türkiye and the wider region that sets it apart from traditional local brokers.”
CEO of MNK International Türkiye, Erhan Ergüneş said:
“With MNK’s global reach and our specialised expertise, we’re ready to deliver innovative, high-quality solutions tailored to the unique needs of Turkish businesses operating on the world stage. There are huge opportunities within the Turkish market ranging from construction and engineering to aviation and agriculture. Our focus will be on building long-term partnerships and providing tailored coverage that meets the evolving needs of our clients.”
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