С 1 сентября 2024 года отменяется практика оформления страховых полисов исключительно в бумажном виде.
Постановление «О комплексных мерах по дальнейшему развитию рынка страховых услуг»
Рубрика: Новости
Проживая новую реальность
CEO Халилов О.Н. принял участие в исследовании PWC Узбекистанского выпуска 26-го ежегодного опроса руководителей крупнейших компаний мира, проведенного в 2023 году. Исследование выявило ключевые тенденции влияния глобальных и внутренних событий на бизнес-процессы, доходность и трансформацию частного сектора. Большинство руководителей ожидают снижение мировой экономики из-за геополитических рисков и других факторов, однако внутренний потенциал Узбекистана и реформы создают оптимистичные перспективы. Главные угрозы включают геополитические конфликты, инфляцию и риски для здоровья. Внимание к вопросам ESG растет, хотя узбекские компании пока отстают в декарбонизации. Исследование также подчеркивает влияние климатических рисков на бизнес и нехватку квалифицированных кадров. Инвестиционная привлекательность страны и борьба с коррупцией стали ключевыми приоритетами развития.
Результаты опроса были возможны благодаря профессионализму респондентов, что делает исследование объективным. Например, руководство компании Mosaic Insurance Group выделило стратегии в ответ на экономическую нестабильность: Сохранение рабочих мест и эффективность команды; Увеличение инвестиций для поддержки роста; Развитие альтернативных поставщиков и диверсификация; Адаптация к изменениям на рынке, включая повышение цен; Развитие на международном уровне, особенно в Ближнем Востоке и Турции.
Mosaic Insurance Group активно развивается на рынках Ближнего Востока и Турции, сфокусировавшись на энергетических проектах и стратегических направлениях. Кроме того, учитывая американское происхождение и инвесторов, она также обращает внимание на экономику США и Китая.
Ожидания на ближайшие 10 лет включают сокращение числа страховых компаний и их более капитализированное состояние. Прорывные технологии, такие как онлайн-платформы, будут ключевым фактором для изменения отрасли, увеличивая доступность продуктов и услуг.
Нарушение цепочек поставок и изменения в регулировании окажут умеренное и большое влияние соответственно. Нехватка квалифицированных специалистов в отрасли создает вызовы для ее развития, поэтому планируется развитие жизненно важных специальностей, таких как актуарии и андеррайтеры.
По мнению Ойбека Носировича, на рынке страхования есть очень важный незакрытый вопрос, по которому мы находимся на стадии обсуждений с Регулятором. Министерство Финансов пока отдает предпочтение более простому увеличению уставного капитала, нежели необходимым изменениям в расчете резервов: например, Положению по расчету резервов уже более 15 лет, в результате чего страховая компания принимают на себя риски в размере 1 миллиарда долларов США, при этом делают резерв только на свою маленькую долю удержания, которая не достигает и 1 миллиона долларов США. Были случаи, когда такая ситуация доходила даже до споров в суде, и Регулятор не мог доказать, что на самом деле страховая компания должна была резервировать в соответствии с тем риском в 1 миллиард долларов США, который они приняли на себя. Это все связано с тем, что мы, страховые компании, неплатежеспособны. Но тенденция на рынке и предложение, с которым выходит Ассоциация участников страхового рынка, — это как можно быстрый переход к Директиве Solvency II и Риск ориентированному капиталу (Risk based capital), и внедрение новых положений о резервировании.
Ойбек Носирович подчеркивает важность активности, адаптивности и репутационной составляющей для успешного руководства в современной бизнес-среде. Его убеждение в необходимости честной работы, соответствия слов действиям и отказе от коррупционных практик отражает его принципы честности и профессионализма. Он призывает к честности и прозрачности во всех деловых отношениях, подчеркивая, что честный подход к бизнесу является ключом к успеху и устойчивому развитию.
Более подробно с результатами исследования вы можете ознакомиться по ссылке: https://www.pwc.com/uz/en/assets/uz-ceo-survey-2023-rus-final.pdf
Ойбек Н. Халилов участвует в диалоге по зеленой экономике Узбекистана
In a proactive move to bolster sustainable practices and contribute to Uzbekistan’s burgeoning green economy, Mosaic Insurance Group’s CEO – Oybek N. Khalilov actively participated in the “Uzbekistan Green Economy” public-private sector roundtable discussion. The event, held at InterContinental Hotel, gathered key stakeholders to deliberate on strategies aimed at advancing environmental sustainability and fostering economic growth.
The interactive discussion provided a platform for diverse perspectives and innovative solutions, reflecting Mosaic Insurance Group’s ethos of collaboration and adaptability. As proposals were refined and finalized, participants collectively reaffirmed their dedication to fostering a sustainable, resilient economy for Uzbekistan’s future generations.
Mosaic Insurance Group’s active engagement in the “Uzbekistan Green Economy” roundtable exemplifies its unwavering commitment to sustainability, underscoring the pivotal role of the private sector in driving positive environmental change. By harnessing collective expertise and fostering partnerships, Mosaic Insurance Group remains steadfast in its pursuit of a more sustainable and inclusive future.
As Uzbekistan charts its course towards a greener economy, Mosaic Insurance Group stands ready to contribute its expertise and resources towards building a resilient and sustainable future for all.
Insurance delegation meeting
A delegation of representatives of the Azerbaijani insurance market met in Uzbekistan for friendly discussions.
The CEO of Mosaic Insurance Group and the Chairman of the Association of the Insurance Market of Uzbekistan – Oybek N. Khalilov, the Chairman of the Association of Insurers in Azerbaijan – Elmar Mirsalaev, the Chairman of the Azerbaijan Bureau of Compulsory Insurance – Rashad Akhmadov, as well as a Member of the Supervisory Board of Qala Sığorta – Aydin Rakhmanov participated.
The meeting was an important step in strengthening cooperation between the two countries in the field of insurance.
Prospects for further development of Uzbekistan insurance market
Mr. Oybek N. Khalilov, CEO of Mosaic Insurance Group and Chairman of the Association of Professional Participants of the Insurance Market of Uzbekistan took part in a television program on the Ozbekiston 24 channel. During the live broadcast, he discussed with industry colleagues the urgent challenges facing the country’s insurance market and highlighted new prospects for industry.
Mr. Oybek highlighted several key aspects that determine the current state of the insurance market in Uzbekistan. He emphasized that in an ever-changing economic environment, insurance companies must be ready to adapt to new challenges and provide innovative solutions for customers.
One of the main issues discussed was improving the quality of customer service. Mr. Oybek emphasized the need to improve the processes of assessment and payment of insurance claims, which certainly helps to increase customer confidence in the industry as a whole.
An important aspect of the discussion was also the role of technology in the development of the insurance business. Mr. Oybek expressed the opinion that the introduction of modern technologies, such as digital platforms and data analytics, will help improve the efficiency of insurance processes and make them more accessible to a wider audience.
Potential new opportunities for the insurance market of Uzbekistan also became an integral part of the discussion. Mr. Oybek emphasized the importance of developing new products and services, as well as searching for new market segments, so that insurance companies can better meet the needs of their clients.
At the end of the program, the participants expressed confidence that dialogues of this kind contribute to the development of the insurance industry in Uzbekistan, facilitating its adaptation to modern challenges and opening up new prospects for the industry as a whole.
The International Reinsurance Capacity
In 2022, Turkish World Insurance Association was established in Istanbul with the membership and participation of insurance associations of Azerbaijan, Turkey, Uzbekistan, Kazakhstan and Kyrgyzstan. How do you evaluate the advantages and new opportunities that this union will create for the countries of the Turkic world, and what are your main expectations from this union as Uzbekistan?
The establishment of the Turkish World Union of Insurance Associations in Istanbul on May 24th 2022, with the active participation of insurance associations from Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and Kyrgyzstan, presents a significant step forward in fostering collaboration and synergy among the countries of the Turkic world. This union is poised to bring about several advantages and new opportunities, with substantial implications for Uzbekistan.
The union provides a platform for knowledge exchange and sharing of experiences among member countries. The lessons learned from events such as the Earthquake in Kahramanmarash (Türkiye, 2023) can be invaluable in enhancing disaster preparedness and response strategies across the Turkic world.
Collaborative efforts enable effective surveillance of policy renewals and building codes. By sharing best practices and collectively addressing vulnerabilities in risk-prone regions, the member countries can contribute to more robust risk management and mitigation strategies.
The union can collectively address the challenge of low insurance rates in risk-prone regions. By sharing insights and leveraging the combined expertise, member countries can work towards creating a more conducive environment for insurance uptake, ensuring better coverage and protection for their populations.
Recognizing the critical role of reinsurance in ensuring the solvency of insurance companies in the face of catastrophic events, the union can facilitate collaborative reinsurance arrangements. Pooling resources and risk-sharing mechanisms can strengthen the financial resilience of member countries’ insurance industries.
The union is expected to contribute to the growth of the risk capacity for incoming reinsurance in the region. By fostering collaboration, the member countries can attract increased reinsurance capacity, which is essential for managing large-scale risks associated with catastrophic events.
Uzbekistan can benefit from the union by enhancing its disaster resilience. Collaborative efforts within the association can lead to improved risk assessment and management practices in Uzbekistan. This, in turn, can contribute to more accurate underwriting, pricing, and overall risk mitigation within the country.
Uzbekistan can anticipate an increase in insurance penetration through joint initiatives aimed at addressing low insurance rates in certain regions. By learning from the experiences of other member countries, Uzbekistan can implement effective measures to boost insurance awareness and adoption.
The union provides Uzbekistan with enhanced access to reinsurance support in the face of catastrophic events. This is particularly crucial for maintaining the solvency of insurance companies and ensuring the availability of financial resources to support recovery efforts.
Uzbekistan can benefit from capacity building initiatives facilitated by the association. Training programs, knowledge-sharing sessions, and collaborative projects can contribute to the professional development of the insurance industry in Uzbekistan.
In conclusion, the establishment of the Turkish World Union of Insurance Associations presents a unique opportunity for the Turkic world to collaborate, share expertise, and collectively address challenges in the insurance sector. From Uzbekistan’s perspective, the union holds the potential to bring about positive transformations in disaster resilience, risk management, and insurance penetration, ultimately contributing to the overall growth and stability of the country’s insurance industry.
On December 23, 2023, an agreement on the creation of the international reinsurance capacity «Turan» was signed in Tashkent.
Leading experts and top managers of the foreign and domestic insurance and reinsurance markets, representatives of the press, regulators, and professional communities of Uzbekistan, Kazakhstan, Azerbaijan and Georgia were present at one of the large-scale business events in the field of reinsurance in 2023.
The «Turan» capacity will be an effective regional risk transfer mechanism, seeking to significantly strengthen risk management at the national and regional levels. This reinsurance structure will allow participants to gain access to a wide client base, expand their presence in the region and will contribute to the creation of a modern underwriting platform not only in the region, but also beyond its borders. This new mechanism will not only strengthen insurance protection for large-scale projects in Central Asia and the Caucasus, but also contribute to strengthening economic stability and mutual trust between participating countries.
I AmChamPion Awards 2023 Gala in Istanbul
The prestigious I AmChamPion Awards 2023 Gala in Istanbul on December 14 brought together over 300 public and private sector leaders, creating a platform for fostering collaboration and celebrating outstanding achievements. The star-studded event, held under the glittering lights of recognition, witnessed the presence of esteemed guests, including honorary speakers Presidency Investment Office President A. Burak Dağlıoğlu and US Ambassador Jeffry Flake.
One of the highlights of the evening was the insightful address by CEO of MIG and President of AmCham Uzbekistan, Mr. Oybek Khalilov. As a special guest, Mr. Khalilov shared valuable information about the burgeoning partnership between Uzbekistan, Turkey, and the United States in various sectors, emphasizing significant strides in the FCMG, construction, energy, IT, and finance.
The collaborative efforts between these nations underscored the growing importance of international partnerships in fostering economic growth and development. Mr. Khalilov’s remarks shed light on the interconnectedness of the global economy and the potential for mutually beneficial collaborations.
The Gala served as a nexus for networking, allowing leaders from diverse sectors to exchange ideas and explore avenues for future partnerships. The presence of esteemed personalities from both the public and private sectors created an atmosphere of camaraderie, emphasizing the shared commitment to innovation and progress.
An insurance forum at the Tashkent State Economic University
CEO of Mosaic Insurance Group – Oybek N.Khalilov hosted a forum at the Tashkent State Economic University, where he presented data and trends analysis in the insurance market of Uzbekistan.
In his speech, Mr. Oybek drew attention to key aspects of the economic development of Uzbekistan. In the first half of 2023, the fastest growing industries were the IT and financial services. Insurance market continues to grow by 68% annually, despite the difficulties caused by the pandemic. This growth, however, has created challenges in the areas of staffing and training.
Attention was also drawn to the low level of insurance penetration in Uzbekistan compared to other countries, highlighting the program for creating a training center within the framework of Insurers Association.
The creation of a training center involves regular training for management and staff of insurance companies, which is an important step to solve the problems of outstaffing in the industry. Mr. Oybek expressed confidence in the successful development of the insurance market of Uzbekistan and in its contribution to the overall economic development of the country.
CSR Ball
As part of the noble call to help children, AmCham Uzbekistan held the second CSR Ball dedicated to helping children with cancer together with the charitable foundation “Ezgu Amal”.
The event was hosted by CEO of Mosaic Insurance Group, Mr. Oyber N. Khalilov, as well as the President of the American Chamber Uzbekistan. The events attracted the attention of business and government officials who participated in their efforts to make a philanthropic contribution to pediatric cancer counseling.
The total amount of participation in the event was UZS 160,000,000. These funds were immediately sent to charity foundation.
As a result, awards were also given to companies that demonstrated outstanding results in social projects.
Mosaic Insurance Group is committed to social responsibility and supporting community initiatives. Participation in such events is not only a chance to contribute to public welfare, but also an essential element in creating a positive image of business in the country.
This event was not only a brilliant example of cooperation between the business sector and non-governmental organizations in Uzbekistan, but also a confirmation that corporate responsibility and social projects play a major role in engaging and developing sustainable society.
Development of the Insurance Market of Uzbekistan: New Stage in Advanced Qualification
The insurance market of Uzbekistan continues its stable growth, increasing by a significant 67-68% annually, despite the challenges posed by the pandemic. However, this impressive growth has revealed serious challenges in staffing and training.
In response to these challenges, the Association of Insurers, chaired by Oybek N. Khalilov (CEO of Mosaic Insurance Group), introduced a new initiative step – the creation of a Training Center for Advanced Training. This project is being implemented in the state with the Tashkent Institute Of Finance with the support of the Ministry of Economy and Finance of the Republic of Uzbekistan and the UN within the framework of the “Insurance and Risk Finance Facility” project.
Proposals made within the framework of the project include regular training for employees of insurance organizations. Highlights of the initiatives include:
1. Senior management training: 40 academic hours.
2. Training for middle managers: 80 academic hours.
3. Training for managers and entry-level employees: 100 academic hours per year.
The signing of a memorandum between the UN, the Tashkent Institute Of Finance and the Association of Professional Participants of the Insurance Market of Uzbekistan became a key stage in the implementation of this project. This strategic partnership will allow us to effectively combine efforts to improve the skills of personnel and ensure the sustainability of the insurance market of Uzbekistan in the future.