Today’s Insurance Market and Prospects of Digital Insurance
https://doi.org/10.21686/2413-2829-2024-6-80-86
Abstract
Russian insurance market has adapted to macro-economic and geo-political situation and now can be characterized by stable and sustainable development. The article studies today’s development of insurance market, identifies prospects of insurance service digitalization and analyzes digital maturity of insurance companies. The author advanced his own approach to finding ways of transforming insurance business with regard to global goals of insurance market development. A conclusion was drawn that digital technologies in insurance are essential for the efficiency of the finance system, as they foster the development of insurance market and improve quality of insurance services. By analyzing digital insurance the author highlighted the importance of further introduction of digital technologies in insurance industry in order to upgrade quality of insurants’ protection and develop insurance market in conditions of digital economy.
About the Author
Yu. T. Akhvlediany
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Yulia T. Akhvlediany, Doctor of Economics, Professor of the Department for World Financial Markets and Fintech
36 Stremyanny Lane, Moscow, 109992
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Review
For citations:
Akhvlediany Yu.T. Today’s Insurance Market and Prospects of Digital Insurance. Vestnik of the Plekhanov Russian University of Economics. 2024;(6):80-86. (In Russ.) https://doi.org/10.21686/2413-2829-2024-6-80-86
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