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Dec, Tue, 2023
Ruslanova A., Qyrgi A., Kanatova A., Mukhanova A. – PROSPECTS OF THE DIGITIZED INSURANCE MARKET IN KAZAKHSTAN
PROSPECTS OF THE DIGITIZED INSURANCE MARKET IN KAZAKHSTAN
Ruslanova A.
Qyrgi A.
Kanatova A.
Educational program «Jurisprudence»., 4th year students
Atyrau University named after H. Dosmukhamedov, Atyrau, Kazakhstan
Mukhanova A.
Head of the scientific article
https://orcid.org/0000-0002-3973-7339
Abstract
The rapid growth of computer technology will undoubtedly radically change the traditional methods and style of work of insurers in the near future, as well as the system of relationships between all participants in the insurance market. The structure, purpose, mode of operation, functions of the online representation of insurance companies are studied; the stages of the implementation of a mass insurance product are consistently revealed; the specifics of the work of online insurance sales are determined. Digital technologies contribute to the improvement of transformational processes in the insurance market.
Today, Kazakhstan’s e-insurance market is at the stage of formation and development. New technologies are penetrating deeper into the insurance industry and creating the basis for making radical changes to the programs offered by insurers. In addition, new digital technologies allow the Agency for Regulation and Development of the Financial market of the Republic of Kazakhstan to instantly receive important information on insurance and other financial organizations, promptly assess their condition and take timely measures. Thus, the risks of unfair behavior in the insurance market will be reduced in the future.
Keywords: digitalization, economics, insurance, e-government, inflation, insurance company, Electronic policy, unified insurance database


