“Improvement of methodological bases of business processes in insurance activity”
Abstract
The article examines the trends in the development of business processes in the insurance market and the near and strategic perspectives of the insurance market. The aspects of insurance product production and the effective organization of insurance folklore are considered. Access to this process-begins with the customer's personal data and all its details for the insurance policy. As a result, the insurance coefficient's calculation and risk appear. A number of Governmental Decrees and laws are adopted to improve the sector. In order to support this sector in a comprehensive manner, it has the task of providing soft loans, providing tax breaks, and developing the sector's infrastructure. The achievements in the real sector of the economy have led to the economic development of the country. In summary, the role of insurance in ensuring the macroeconomic stability of the real sector of the economy of our country is very significant. Therefore, the Government has taken a number of measures to develop this sphere. The organization of the insurance business includes factors such as collecting data on each insurance product, studying market demand and supply.