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Ways to Improve the Efficiency of Insurance Organizations' Activities and Business Processes in Uzbekistan

Year: 2025

Type: article

Abstract: The article demonstrates that the efficiency of insurance activity can be increased by structurally optimizing business processes. This is achieved through the implementation of practices to minimize risks in the subject's activities, specifically by identifying, comparing, assessing, prioritizing, and portfolioing risks—especially by conducting multi-directional diversification of correlated risks according to the chosen strategy for business processes.

Source: Innovations in Science and Technologies

DOI: 10.5281/zenodo.17672215

Authors: Khashimov, Abdukomil, Madrimova, Farangiz

Language: English

Topic: Insurance and Financial Risk Management

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W7106257243

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