Innovative Opportunities for Insurance Development in a New Financial Paradigm

This article examines and analyses innovative opportunities for insurance development in Russia. Thanks to innovative opportunities in a new paradigm, it is possible to move from traditional insurance products to new ones, which in turn will become the basis for regional development. Based on the an...

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Bibliographic Details
Main Authors: Mgeryan Mano, Fedotova Gilyan, Borulko Vyacheslav, Kulakov Alexandr, Kapustina Yuliya
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2021/04/shsconf_nid2020_02016.pdf
Description
Summary:This article examines and analyses innovative opportunities for insurance development in Russia. Thanks to innovative opportunities in a new paradigm, it is possible to move from traditional insurance products to new ones, which in turn will become the basis for regional development. Based on the analysis of the current state of the insurance market, the authors have concluded that insurance products/services need to be continuously improved, which will allow insurance companies to increase the flow of insured, to maximize the financial results of insurance companies.
ISSN:2261-2424