Insurance Market Transformation in Conditions of Digitalization

Digital technologies foster intensification of transformation processes on insurance market. Insurance market development depends on efficient introduction of digital insurance technologies, which give an opportunity to compete with global innovation technologies providing information security on gl...

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Autor principal: Yu. T. Akhvlediany
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2021
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Acceso en línea:https://doaj.org/article/4b25573dedc34b55b34f7f0d854345c0
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spelling oai:doaj.org-article:4b25573dedc34b55b34f7f0d854345c02021-11-15T05:20:50ZInsurance Market Transformation in Conditions of Digitalization2413-28292587-925110.21686/2413-2829-2021-3-5-11https://doaj.org/article/4b25573dedc34b55b34f7f0d854345c02021-05-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/1086https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251Digital technologies foster intensification of transformation processes on insurance market. Insurance market development depends on efficient introduction of digital insurance technologies, which give an opportunity to compete with global innovation technologies providing information security on global space. The article studies acute issues of insurance market development in conditions of digital technologies. On the basis of digital insurance analysis the article shows importance of further introduction of digital technologies into insurance industry in order to raise quality of insured’ protection and to develop insurance business in digital economy. The authors came to the conclusion that digital insurance is a result of the stable and effective development of finance market. Factors influencing insurance market development were identified, the impact of COVID-19 epidemic on insurance industry was demonstrated and acute types of insurance in these conditions were studied. The role of finance theory and insurance education in insurance market transformation was described as well as the necessity of system upgrading of education technologies.Yu. T. AkhvledianyPlekhanov Russian University of Economicsarticleinsurance industrydigital insurancefinance marketdigital economydigital technologiesEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 3, Pp 5-11 (2021)
institution DOAJ
collection DOAJ
language RU
topic insurance industry
digital insurance
finance market
digital economy
digital technologies
Economics as a science
HB71-74
spellingShingle insurance industry
digital insurance
finance market
digital economy
digital technologies
Economics as a science
HB71-74
Yu. T. Akhvlediany
Insurance Market Transformation in Conditions of Digitalization
description Digital technologies foster intensification of transformation processes on insurance market. Insurance market development depends on efficient introduction of digital insurance technologies, which give an opportunity to compete with global innovation technologies providing information security on global space. The article studies acute issues of insurance market development in conditions of digital technologies. On the basis of digital insurance analysis the article shows importance of further introduction of digital technologies into insurance industry in order to raise quality of insured’ protection and to develop insurance business in digital economy. The authors came to the conclusion that digital insurance is a result of the stable and effective development of finance market. Factors influencing insurance market development were identified, the impact of COVID-19 epidemic on insurance industry was demonstrated and acute types of insurance in these conditions were studied. The role of finance theory and insurance education in insurance market transformation was described as well as the necessity of system upgrading of education technologies.
format article
author Yu. T. Akhvlediany
author_facet Yu. T. Akhvlediany
author_sort Yu. T. Akhvlediany
title Insurance Market Transformation in Conditions of Digitalization
title_short Insurance Market Transformation in Conditions of Digitalization
title_full Insurance Market Transformation in Conditions of Digitalization
title_fullStr Insurance Market Transformation in Conditions of Digitalization
title_full_unstemmed Insurance Market Transformation in Conditions of Digitalization
title_sort insurance market transformation in conditions of digitalization
publisher Plekhanov Russian University of Economics
publishDate 2021
url https://doaj.org/article/4b25573dedc34b55b34f7f0d854345c0
work_keys_str_mv AT yutakhvlediany insurancemarkettransformationinconditionsofdigitalization
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