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INNOVATIVE DEVELOPMENT OF INSURANCE ACTIVITY AS BASIS FOR INCREASING ITS EFFICIENCY

Journal: Bulletin of Taras Shevchenko National University of Kyiv. Economics (Vol.168, No. 3)

Publication Date:

Authors : ; ;

Page : 72-80

Keywords : innovation; cloud computing; internet insurance; business process; informational system;

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Abstract

The essence and place of innovation as a factor of insurance business effectiveness growth are discussed. Peculiar attributes of innovations development resulting from insurance industry being a part of financial system is revealed. Unique features of innovations’ development in insurance business across different countries are discovered and analyzed. Fundamental trends of insurance products development are characterized: social networking, cloud computing, internet, business processes automation, market share growth of direct sales. Implementation of modern information technologies in insurance business is substantiated. Automation, internet-insurance and on-line insurance are justified to be essential for management of insurance business.

Last modified: 2015-10-31 08:02:05