Insurance innovations in the context of digitalization of Kazakhstan's economy

Abstract

The article explores issues of introduction of e-insurance in Kazakhstan, in particular online insurance, which will improve the quality of provided services by insurance organizations, ensure the availability of insurance products for the insurant, and encourage the development of voluntary types of insurance. The results of the research contain development of measures of introducing e-insurance in order to ensure financial stability and competitiveness of insurance organizations in the context of digitalization of the economy. For the integration of insurance innovations in Kazakhstan, it is necessary to introduce legislative amendments into the legal basis of insurance activities regarding the use of e-policies, create a single database on insurance, facilitate the protection of personal data and cybersecurity, attract investments for development of IT-technologies in insurance, carry out training of specialists, increase financial literacy of clients, and develop new products of insurance consistent with requirements of customers.