The online insurance marketplace in Uzbekistan is developing. Although the market has not reached its full potential, its development has been steady in recent years. However, it is still not ready to fully take advantage of rapidly growing macroeconomic indicators in the country. In addition, it lacks a strategic plan for its relations with the population. Страхование E-OSAGO KASKO в Узбекистане https://sugurtabozor.uz/.
To improve its insurance industry, Uzbekistan has adopted several measures. One of them is the creation of the Agency for Insurance Market Development. Another is the introduction of advanced corporate governance systems. There is also a need to train new specialists in the field. Moreover, it is important to digitalize the insurance market.
This year, the volume of premiums collected for insurance increased by 1.5 times. It is estimated that more than 50 thousand sums of insurance premiums are paid every month. But, the overall market growth has not yet caught up with the rapid growth of the macroeconomic indicator of the country. Therefore, there are opportunities for further development in the Uzbek insurance market.
In order to increase the effectiveness of its business activities, the Uzbek insurance sector has to develop a strategy for its relation with the consumer. Additionally, it is necessary to advance the educational level of insurance specialists. Also, it is vital to integrate domestic insurance companies into the international financial market.
The government of Uzbekistan has also undertaken several important reforms in the health sector. In particular, it introduced the Uzbekistan health insurance scheme, and it is planning to further improve the healthcare system. Moreover, it has launched a pilot project in Syrdarya region to provide health services to residents of the region.
However, the quality of health services in Uzbekistan is poor. Moreover, the cost of healthcare is high. Even the most expensive private hospitals in Uzbekistan do not offer the same services that are provided by Western European hospitals. A large part of the health care is free, but the provision of medicines, vaccines and drugs is not adequate.
Since the 1990s, the private healthcare sector in Uzbekistan has been growing. At the same time, the government has encouraged further privatization of health facilities. Currently, only a small portion of public and private medical facilities are privatized.
However, there is a critical shortage of medical personnel. Many qualified experts have left the country. Some of them are now working abroad. Consequently, there are not enough doctors, pharmacists and nurses. Hence, the ratio of hospital beds to the population decreased by more than half.
As a result, the government has begun to gradually privatize more of the small clinics and dental hospitals. In addition, the government has started providing tax incentives to the insurance industry. Despite these positive developments, Uzbekistan has a long way to go before the industry becomes truly modern and competitive.
In addition to its efforts to develop the life and commercial insurance sectors, the government is focusing on improving the healthcare system. Several key health schemes have been rolled out, and the national health sector reforms will be implemented in 2020.