Prospects for Development of the Insurance Sector in Uzbekistan: Innovative Approaches

This article analyzes the current state, existing problems and development prospects of the insurance sector of Uzbekistan. Problems such as low population coverage, insufficient development of technological capabilities and low financial literacy in the insurance market are studied. Based on international experience, recommendations are given on the introduction of innovative technologies for the development of the sector, the expansion of insurance services in rural areas, the development of new products and increasing state support. The article is devoted to the issues of increasing economic stability and protecting the population from financial risks by improving insurance services in Uzbekistan.