Enhancing the Competitiveness of Insurance Services in Uzbekistan

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.