Baku: ‘Today, the insurance industry of Azerbaijan and the entire Turkic world is at a new stage of development,’ Ulviyya Jabbarova, Chair of the Supervisory Board of the Azerbaijan Insurers Association and Chairperson of the Turkic World Insurance Union, stated during her speech at the ‘Turkic States Insurtech Summit’ held in Baku.

According to Azeri-Press News Agency, Jabbarova highlighted that the Insurtech Summit is a platform for mutual cooperation, joint projects, and knowledge exchange, which will significantly impact the sustainable growth of markets. She emphasized the potential for the emergence of new product models and more efficient capital management in the coming years.

Jabbarova expressed her belief that the Summit presents a unique opportunity for the exchange of knowledge, experience, and technology. She noted that the collaborations and ideas formed during the event would contribute to the insurance markets of the participating countries and enhance the financial stability of the region. She further remarked that the Turkic States Insurtech Summit is poised to be a pivotal moment for insurance markets, particularly in terms of strategic partnership, innovation, and digital transformation.