Econometric Analysis and Forecasting of Uzbekistan's Insurance Market Development in the Era of Digital Transformation

Uzbekistan's insurance market is rapidly developing as a key component of the national economy. The insurance market of the Republic of Uzbekistan is currently growing at an accelerated pace. It is no secret that insurance companies play a crucial role in the development of the national economy. As major participants in the economy, insurance organizations ensure its growth and stability. The process of transitioning the country's economy to a digital economy highlights the necessity of developing the innovative activities of the insurance market and organizations—a need that is also demonstrated by the experiences of developed countries. The “Uzbekistan–2030” strategy, based on the principle of “Human–Society–State”, aims to implement profound transformations while prioritizing human rights and interests. In the process of digital transformation, one of the main tasks is to ensure financial security, prevent cyber risks, and mitigate the effects of climate change. Investments directed toward innovations, human capital, and the “green” economy have been identified as priority areas for enhancing economic competitiveness and ensuring sustainable development. Globally, the innovative activities of the insurance market are becoming increasingly efficient through the use of digital technologies, the development of telematics systems, and the creation of "smart" insurance products.