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Enhancing the Competitiveness of Insurance Services in Uzbekistan

Year: 2025

Type: article

Abstract: The competitiveness of Uzbekistan’s insurance market is crucial for financial sector stability and economic resilience. This study examines key challenges and opportunities in the insurance industry, focusing on regulatory reforms, digitalization, and market expansion. By analyzing global practices and Uzbekistan’s current market dynamics, the research highlights strategies to enhance efficiency, consumer trust, and investment attractiveness. The findings suggest that adopting InsurTech solutions, improving regulatory frameworks, and increasing financial literacy can significantly boost market competitiveness and sustainability.

Source: International Journal of Science and Research Archive

DOI: 10.5281/zenodo.17033600

Author: Turayevich, Umirov Abdisalom

Institution: Tashkent State University of Economics

Language: English

Topic: Insurance and Financial Risk Management

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: hybrid

OpenAlex ID: W7079662353

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