Enhancing the Competitiveness of Insurance Services in Uzbekistan

Turayevich, Umirov Abdisalom (2025) Enhancing the Competitiveness of Insurance Services in Uzbekistan. International Journal of Science and Research Archive, 14 (3). pp. 894-899. ISSN 2582-8185

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.

Item Type: Article
Official URL: https://doi.org/10.30574/ijsra.2025.14.3.0734
Uncontrolled Keywords: Insurance market; Competitiveness; Regulatory reforms; InsurTech; Financial stability; Market expansion; Consumer trust.
Date Deposited: 16 Jul 2025 18:34
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URI: https://eprint.scholarsrepository.com/id/eprint/1139