In an exclusive interview, Miraziz Khidoyatov, Deputy General Director of Mosaic Insurance Group (MIG), shares insights into the company’s rapid expansion in Uzbekistan’s insurance sector. Since its launch in 2021, MIG has specialized in commercial lines, catering to critical industries through a portfolio that includes property, construction-installation, and liability insurance. A key highlight of 2023 was achieving an 80 billion soum gross insurance premium, marking a 330% growth from the previous year. With a focus on reinsurance, MIG now offers international reinsurance for up to $2.5 million per risk. Khidoyatov emphasizes the company’s commitment to supporting Turkish businesses operating in Uzbekistan and their vision of establishing Mosaic as the leading foreign insurance firm in Central Asia.
Driving Growth in Uzbekistan’s Insurance Market: A Conversation with Miraziz Khidoyatov, Deputy General Director of MIG