We sit down with Sherzod Djabbergenov, a rising star and young talent in the reinsurance industry, currently serving as a Commercial Lines Underwriter at Mosaic Insurance Group. Despite his youth, Sherzod has already amassed significant experience managing complex risks across energy, cargo, marine, aviation, and property sectors in global markets such as the Middle East, South America, and Europe. Sherzod provides an inside look into Mosaic Insurance Group’s proactive, client-focused approach to reinsurance, highlighting how the company fosters innovation and growth while maintaining strong partnerships with A-rated insurance companies and top-tier reinsurers. He also shares personal reflections on his journey — from studying at the Management Development Institute of Singapore in Tashkent to becoming an integral part of Mosaic’s expert team.
Год: 2024
Day 1 in Baden-Baden Reinsurance Meeting 2024
Day 1 of the Baden-Baden Reinsurance Meeting 2024 was a success for the MIG team with Oybek Nosirovich Khalilov, Asal Temirkhodjaeva and Miraziz Khidoyatov. We had productive meetings with industry experts, including Socar Broker Türkiye, Newpoint Broker UK, Viziyon Re, Ins Broker Türkiye, Saga Broker Türkiye, IUC Sigorta, Aspira Broker, and many more. We’re excited to announce the establishment of new partnerships that will enhance our capabilities and expand our global reach.
Stay tuned for more updates as we continue to build exciting partnerships and drive innovation in the reinsurance world!
Driving Growth and Bridging Gaps: Oybek Khalilov on Mosaic Insurance Group’s Success in Central Asia
In a recent interview, Oybek Khalilov, CEO of Mosaic Insurance Group (MIG), shared insights on the company’s rapid growth and the unique opportunities in Central Asia’s insurance market. Founded in 2021 and based in Uzbekistan, MIG has seen a remarkable 600% average annual growth in Gross Written Premium. With a B1 rating from Moody’s, backed by strong reinsurance partners and an A++ local rating, MIG stands out as the only Western-styled insurer in the region, providing international standards of governance and transparency. Khalilov emphasized the company’s commitment to filling the insurance void left by global insurers after the 2008 financial crisis, serving both local markets and international reinsurance. With plans to have 50% of GWP from international reinsurance by 2024, MIG is poised to expand its influence while maintaining a strong focus on risk management and capital adequacy.
UIB INSTITUTE ENERGY & CONSTRUCTION (RE)INSURANCE CONFERENCE 2024
The Energy & Construction (Re)Insurance Conference 2024 in Dubai brought together key industry leaders to explore future trends and challenges in managing risks across the energy and construction sectors. Among the notable participants was Oybek Nosirovich Khalilov, CEO of Mosaic Insurance Group. His involvement in the event highlighted his commitment to staying at the forefront of industry best practices. Over the course of the three-day intensive program, Oybek engaged in specialized training sessions focused on risk transfer, claims handling, risk engineering, and valuations, all crucial for managing the complex exposures in the global energy sector.
At the conclusion of the conference, Oybek Khalilov was awarded a certification of attendance, acknowledging his dedication to professional development and his active participation in the discussions that shape the future of energy and construction (re)insurance. This certification also reinforces his connection to UIBInstitute’s alumni network, which offers ongoing access to insights and updates in the field.
Professional Challenges and Accounting Standards in Uzbekistan’s Insurance Industry with Adelya Babikova
Adelya Babikova, the Chief Accountant at Mosaic Insurance Group, shares key aspects of applying IFRS (International Financial Reporting Standards) to insurance contracts. In the interview, she explains how companies in Uzbekistan face challenges in complying with these international financial standards. She emphasizes the importance of accurately assessing future cash flows, separating insurance income and expenses, and ensuring transparency in financial reporting. Adelya also talks about her over 20 years of professional experience and her commitment to continuous development in a rapidly changing business environment.
Digitalization in Insurance: Transparency, Fraud Prevention, and Enhanced Customer Experience
In an interview with Farkhod Usmanov, Internal Auditor at Mosaic Insurance Group, three key topics are discussed — digitalization in insurance, business transparency, and fraud prevention. Mr. Usmanov emphasizes that the implementation of digital solutions not only automates processes and improves customer service but also ensures transparency for both clients and regulatory authorities. With the help of modern technologies and a unified platform, Mosaic Insurance Group successfully minimizes risks and builds greater trust with its clients.
USAID’s Future Growth Initiative, in collaboration with Eurobak and KazakhInvest are hosting a “Roundtable on Global Best Practices for Attracting and Servicing Foreign Direct Investment “
Mr. Oybek Khalilov, CEO of Mosaic Insurance Group and President of AmCham Uzbekistan, participated in the “Roundtable on Global Best Practices for Attracting and Servicing Foreign Direct Investment,” organized by USAID’s Future Growth Initiative in partnership with EUROBAK and JSC “KAZAKH INVEST” on September 26, 2024.
The event convened key stakeholders, including representatives from the Government of Kazakhstan, such as Mr. Kuantyrov, Deputy Minister of Foreign Affairs of the Republic of Kazakhstan; Filip Stoyanovich, Regional Director of USAID’s Future Growth Initiative; as well as members from AmCham Tajikistan, the American Chamber of Commerce in the Kyrgyz Republic, EUROBAK, the diplomatic community, international donors, and international financial institutions.
Insurance Claims Management: From Registration to Data Analysis by Azamat Khaidarov
When an insurance claim arises, it is crucial that the settlement process is both swift and transparent. Azamat Khaidarov, Insurance Claims Manager at Mosaic Insurance Group, emphasizes that each phase—from filing a claim to disbursing compensation—is meticulously monitored to ensure optimal protection of the client’s interests.
“Our objective is to streamline the claims process, making it as seamless as possible for our clients. We go beyond merely collecting documentation; we conduct a thorough evaluation of each claim to guarantee equitable compensation. Our claim management system enables us to capture the entire lifecycle of a case, recognize patterns, and develop more effective insurance solutions moving forward,” Mr. Azamat explains.
Through this meticulous approach to handling insurance claims, Mosaic Insurance Group not only delivers exceptional service but also fosters a sense of security and confidence in our clients about their future.
ВЗГЛЯД ХАЛИЛОВА ОЙБЕКА НОСИРОВИЧА НА БУДУЩЕЕ СТРАХОВАНИЯ В УЗБЕКИСТАНЕ
Ойбек Носирович предвидит многообещающее будущее для страховой отрасли Узбекистана, подчеркивая ее важную роль в смягчении потерь и укреплении экономической стабильности. Имея более чем 30-летний международный опыт, он подчеркивает растущую частоту катастрофических событий, таких как наводнения и землетрясения, которые могут привести к ежегодным потерям до 2 млрд долларов США или 2,7% ВВП.
ХАЛИЛОВ ОЙБЕК НОСИРОВИЧ И СЭР СУМА ЧАКРАБАРТИ, СОВЕТНИК ПРЕЗИДЕНТА УЗБЕКИСТАНА, ОБСУДИЛИ ХОД ЭКОНОМИЧЕСКИХ РЕФОРМ В УЗБЕКИСТАНЕ
31 июля состоялась знаменательная встреча генерального директора Mosaic Insurance Group, Президента Американской торговой палаты в Узбекистане - Халилова Ойбека Носировича и советника Президента Республики Узбекистан по экономическому развитию, эффективному управлению и международному сотрудничеству сэра С. Чакрабарти.
Эта дискуссия на высоком уровне касалась нескольких важнейших тем, касающихся экономического ландшафта Узбекистана.