BAKU, Azerbaijan, June 25. The signing of new
memorandums of cooperation between insurance organizations of
Turkic states may be considered at the upcoming meeting of the
Union of Insurers of the Turkic World in Istanbul, Ulan Baktygulov,
President of the Association of Insurers of Kyrgyzstan, told
Trend on the
sidelines of the Azerbaijan International Insurance Forum held in
Baku.
“One of the agenda items will likely be the discussion of
possible cooperation memorandums. We will work on this issue in
advance. Representatives of the insurance markets of Kyrgyzstan and
Azerbaijan are already maintaining close cooperation within the
Union of Insurers of the Turkic World and are interested in
implementing joint projects.
Both the Kyrgyz and Azerbaijani insurance markets are very
interested in this. I hope we will jointly implement all our
projects,” he said.
The Kyrgyz insurance association head also noted interest in
creating a permanent platform for knowledge exchange and
professional training in the insurance sector.
“We need cooperation in training actuaries and other
specialists. We will try to establish such a platform so that we
can jointly train and upgrade the qualifications of our
specialists,” Baktygulov said.
Speaking about prospects for cooperation in digital insurance
and innovative technologies, he noted that the issue has not yet
been separately discussed at the forum, but remains one of the
priority directions for sector development.
According to Baktygulov, the insurance sector must keep pace
with modern trends and actively develop in the direction of
digitalization.
“We will definitely discuss this issue with our colleagues from
the Azerbaijani Insurance Association. This is the age of
information and high technologies, so digitalization remains a key
priority for the insurance industry,” he emphasized.
