WAYS TO IMPROVE THE ECONOMIC EFFICIENCY OF COMPULSORY INSURANCE TYPES

This study explores methods to enhance the economic efficiency of compulsory insurance types, focusing on optimizing resource allocation, reducing financial losses, and increasing coverage effectiveness. Compulsory insurance plays a vital role in protecting individuals, businesses, and the state from unforeseen risks, while ensuring financial stability and social welfare. The research examines current practices in Uzbekistan, identifies challenges, and reviews international best practices. Findings indicate that adopting innovative risk assessment methods, regulatory reforms, and digital technologies can significantly improve the efficiency and impact of compulsory insurance programs.