Transformation of Uzbekistan's Insurance Market: A Path to Increased Trust and Efficiency

Sanjarbek F.  Yakubov

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Sanjarbek F. Yakubov
snjrkbv@gmail.com
Department of Accounting, Analysis, and Audit, Tashkent State Agrarian University, Tashkent, Uzbekistan

Vol. 4 No. 2 (2024): February

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February 21, 2024

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This article provides an assessment of the existing conditions within Uzbekistan's insurance sector, highlighting key issues and obstacles. It addresses the prevalent lack of trust among the public regarding insurance services, inadequate appreciation of insurance's significance, challenges with compulsory insurance, and insufficient risk coverage. Furthermore, the paper explores strategies aimed at enhancing regulatory frameworks, promoting digitalization, and bolstering oversight of insurance entities. Additionally, it discusses initiatives aimed at enhancing personnel training quality and fostering insurance literacy through educational endeavors.

Yakubov, S. F. . (2024). Transformation of Uzbekistan’s Insurance Market: A Path to Increased Trust and Efficiency. International Journal of Discoveries and Innovations in Applied Sciences, 4(2), 29–35. Retrieved from https://oajournals.net/index.php/ijdias/article/view/2619

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International Journal of Discoveries and Innovations in Applied Sciences

Transformation of Uzbekistan's Insurance Market: A Path to Increased Trust and Efficiency

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