Modern information technologies as a tool for improving agricultural insurance mechanisms

Introduction. Agricultural insurance is an essential risk management tool in agriculture, protecting agribusiness from unpredictable financial losses caused by natural disasters, climate change, biological, and economic factors. In the context of global digitalization and the rapid development of information technologies, there is a need to improve agricultural insurance mechanisms through the implementation of digital tools. Traditional methods of agricultural insurance face several challenges, including a lengthy claims settlement process, subjective damage assessment, difficulty in data collection and processing, high insurance tariffs, and risks of fraud. The use of modern information technologies helps eliminate these shortcomings by enabling rapid risk assessment, improved accuracy in predicting insured events, automation of insurance payments, and increased transparency of insurance operations. The purpose of the article is to examine the impact of modern information technologies on improving agricultural insurance mechanisms, analyse their potential to enhance the efficiency of insurance processes, reduce risk levels, and improve access to insurance services for the agricultural sector. Research methods. The study employs a set of scientific methods, including analysis and synthesis to identify agricultural insurance challenges and assess the impact of digital technologies on their improvement; systems analysis for summarizing theoretical aspects of agricultural insurance digitalization; comparative analysis to evaluate differences between traditional and digital approaches to agricultural insurance; and graphical methods to visualize key trends in agricultural insurance development. Results. The study confirms that the implementation of modern information technologies, particularly artificial intelligence, Big Data, blockchain, the Internet of Things, and satellite monitoring, significantly improves agricultural insurance mechanisms. These technologies facilitate automated risk assessment, increase the accuracy of insured event predictions, expedite claim processing, and reduce fraud risks. Digital solutions enable rapid adaptation of insurance products to farmers' needs, ensuring personalized insurance rates and greater transparency in insurance operations. The adoption of these technologies enhances the accessibility of insurance services for farmers and strengthens the financial stability of the agricultural sector.