Trusted Insurance in Cyprus Since 2011
Aveon Insurance is a licensed insurance company based in North Cyprus. We serve individual and corporate customers through our head office in Nicosia, our branches in Kyrenia and Famagusta, and our strong agency network across the island.
Who is Aveon Insurance?
Aveon Insurance is a licensed insurance company founded in the Turkish Republic of Northern Cyprus in 2011, with a paid-in capital of 68,000,000 TL. Its head office is in Nicosia, with branches in Kyrenia and Famagusta and a strong agency network across the island. It is supervised by the Currency, Exchange and Development Fund Office and, according to the sector data published publicly by the state, ranks among the top 5 of the 45 insurance companies registered in TRNC by premium production.
Company facts
- Founded
- 2011
- Paid-in capital
- 68,000,000 TL
- Head office
- Nicosia, North Cyprus
- Branches
- Kyrenia and Famagusta
- Service network
- Our branches and our agencies across the island
- Service area
- Cyprus (TRNC)
- Supervisory authority
- Currency, Exchange and Development Fund Office
- Service languages
- Turkish and English
How did the Aveon Insurance story begin?
Aveon Insurance was founded in Nicosia in 2011 with fully local capital. Our purpose was a simple one: to cover the risks of the people who live in TRNC and the businesses that produce here, in plain language and with a financial structure that can stand behind its promises. We do not treat insurance as paperwork, but as a commitment that has to work on the day a loss happens.
Over more than a decade since, our head office in Nicosia has been joined by branches in Kyrenia and Famagusta. Alongside those branches, the strong agency network we have built across the island, together with our contracted repair shops, loss adjusters and healthcare providers, has grown into a service structure that reaches customers wherever they are. That growth increased our premium production steadily year after year and carried us to our position among the top 5 companies in the sector.
In recent years our focus has been digitalisation. Our online quote form, compulsory traffic policies that can be issued over the internet, our digital payment infrastructure and our customer panel mean you no longer have to visit a branch for your policy transactions. We build that digital layer together with our agencies: technology should speed up the human relationship, not replace it.
Where does Aveon Insurance stand in the sector?
There are 45 registered insurance companies in TRNC. When measured against the official insurance bulletins published by the Currency, Exchange and Development Fund Office and the statistics of the Cyprus Turkish Insurance and Reinsurance Companies Association, Aveon Insurance ranks among the top 5 companies in the sector by premium production. This data is public; you can verify our position in the sector independently from the official sources below, without having to take our word for it.
Do you have the financial strength to pay my claim?
Aveon Insurance has a paid-in capital of 68,000,000 TL. We are a licensed company that meets the capital, guarantee and reserve obligations required by TRNC insurance legislation, and our financial structure is audited regularly by the supervisory authority. Policy issuance, coverage structure, reserving and claims payment processes are carried out within the legislative framework and reported to the authority on a regular basis. Compliance is not a topic we are audited on afterwards; it is part of how we work every day.
Our Founding Principles and Values
Strong Cooperation
Growing together with our agencies, making a long-term companionship with them.
Digital Vision
Developing and institutionalizing digitalization by taking our agencies with us.
Inclusive Products
Creating accessible products that make tradesmen, SMEs, workers and young people love insurance.
Cyber Assurance
Offering solutions suitable for the requirements of the age with cyber risk and digital insurance.
Which insurance products do we offer?
For individual customers we offer motor own damage, compulsory traffic, home, health, travel, personal accident and boat/yacht insurance; for businesses we offer workplace, transport, machinery breakdown, professional liability, construction and cyber security insurance. The coverage scope, exclusions and pricing criteria for each product are set out in detail on its own product page.
- Workplace Insurance
- Traffic Insurance
- Cyber Security
- Travel Health
- Health Insurance
- Motor Own Damage
- Home Insurance
- Construction Insurance
- Theft Insurance
- Personal Accident
- Professional Liability
- Electronic Device
- Transport Insurance
- Machinery Breakdown
- Credit Card
- Pert Kasko
- Partial Kasko
For products such as boat and yacht insurance you can fill in our quote form or contact our team directly. Get a Quote
What sets Aveon Insurance apart?
We combine our scale with transparency. Coverage scopes, exclusions, deductibles and the criteria that affect pricing are shared openly at the quote stage. A digital copy of your policy is sent by email, and the ink-signed physical copy is always delivered to you. We do not use surprise clauses, hidden deductions or terms disclosed after the fact. When a loss happens, what you should expect is a fast and clear answer, and we have built our processes around that.
A matter of responsibility...
Join Aveon Family
We make our employees part of our processes with a transparent, equal and participatory management approach. We are waiting for your applications to take part in our customer and development oriented projects.
HR Policy
- Sustainable 'Open Door Policy'
- Right person for the right job approach
- Culture that puts education at the center of development
Let's plan your insurance needs together
It only takes a few minutes to work out the cover that suits you. Our team prepares your quote and gets back to you as soon as possible.