Financial enterprises are institutions such as commercial banks, investment banks and credit unions, which accept deposits, and financial institutions such as insurance companies and investment companies, which receive premiums or contributions. These are institutions that provide large-scale and complex financial services such as mediation of acquisition, sales and mergers, mediation of public offerings, portfolio management, investment consultancy, borrowing & lending of securities, and loan financing.

As a result of such complex structures they have, they carry great risks in terms of quality and quantity.

Public Offering Solutions

Public Offering is a challenging process as it has serious legal obligations, audit mechanisms and an extended time management. It is aimed to foresee the financial losses, legal sanctions and reputational damage that may be incurred due to any faulty action committed either knowingly or unknowingly by the company’s board of directors, managers or employees during the decision and design stage of this process, and to put in place the necessary risk management mechanisms.

 

Acquisition and Merger Solutions

Acquisition and merger processes of companies are complex and multifaceted financial activities that span a long time and contain many strategic risks.

• Pre-Acquisition/Pre-Merger
• Acquisition/Merger Phase
• Post-Acquisition/Post-Merger

 

Project Financing Solutions

The most important criteria for projects with large projections are the provision of financing and the management of the financing provided. The institution that provides and manages the financing is also exposed to the influence of government agencies, contractors/subcontractors, public sensitivities, press, and political and environmental risks.

• Strategic Risks: Economic, political and administrative risks that may be encountered in the design, financing and adaptation of the project.
• Incompletion/Delay Risk: Risks of delay, suspension or incompletion of the project due to various macro or micro, local or global effects and crises.
• Efficiency Risk: Risks arising from failure to reach the planned target and efficiency during the construction or completion of the project.

 

Executive Liability Solutions

Laws in the world and in our country define the personal responsibilities that the members of the board of directors have towards the company, its stakeholders and the company’s creditors as they are performing their duties. Apart from these legal limits, each company may impose additional obligations and limitations in line with its policies. However, violation of these obligations, either knowingly or unknowingly, may result in a lawsuit for compensation and/or criminal sanctions. We create a risk management system for you to protect your business against the possibility of encountering such an undesirable situation and minimizes the possible effects of the crisis.

• Compensation claims against the board of directors and/or a director
• Manager’s liabilities for securities claims
• Accusations that may be brought by employees regarding human resources practices
• Legal representation expenses such as investigation, prosecution, defense, etc.
• Activities for public relations and for protection of reputation
• Misrepresentation of financial information
• Legal irregularities, errors in financial management
• Practices reflected in stock prices
• Conflicts of interest, relations of interest, prohibitions of competition

 

Employee Liability Solutions

These are insurance solution packages that provide protection against damages that may be caused, either intentionally or unintentionally, by the personnel working in financial risk areas upon being assigned and authorized by the company.

• Cash In Transit
• Theft-Safe Theft
• Compromise of Security

 

Our Experience

As Telesure Insurance, we take our place as the strategic partner of your business in this challenging and complex field, with the experience we have gained locally and globally and our competent finance team.

 

Our Telematrix ® Program

Telematrix is a “Risk Management System” managed through software tailored to our company. A comprehensive insurance policy covers your financial losses in case of a risk.  This is a “Necessary Condition” that provides strategic future assurance for your business. You can achieve the “Sufficient Condition” only with a “Risk Management” program that is designed and implemented correctly.