Abstract:

Nowadays the implementation of digitization tools in various sectors of economy, boosting the effectiveness of specific sectors of economy with robotization and digitization represent a sustained global trend and are being discussed both in the scientific community and at the level of state authorities. Insurance companies are actively investing in the digitization of their processes and insurance products. The underwriting process is going through significant transformations, therefore there are also changes in approaches to insurance risks assessment. The given research paper presents digitization tools that are most perspective for implementation in the financial field, including the insurance sector. It also suggests mechanisms of a transition from the factual assessment of exposure to insurance risks to insurance risk prediction and prevention by using digitization technologies for insurance risks related to automobile and health insurance.