16:15 - 28.10.2025

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October 28, Fineko/abc.az. Now we assess risks not retrospectively, but using predictive models.

ABC.AZ reports that Vusal Gasimli, the chairman of the Center for Analysis of Economic Reforms and Communications (CAERC), stated about this during his speech at the Insurtech Summit of the Turkic World - 2025, held in Baku.

"This increases the stability of insurance companies, and also allows us to offer customers more accurate prices," he said.

Gasimli also noted that under the leadership of the Organization of Turkic States, the process of economic and institutional integration in the Turkic world is proceeding rapidly:

"It is encouraging that we already see the insurance element as a component of this integration. The expansion of cooperation between the Turkic states in the field of InsurTech is part of the overall digital transformation. This forms a qualitatively new stage in the economic relations of the Turkic countries," CAERC chair emphasized.