The Unified Insurance Database (UID) plays a key role in the insurance sector, serving as an integral element of the industry’s digitalization. It is an information technology platform that collects data across the entire insurance market, enabling the conclusion of insurance contracts, interaction with government databases, as well as the collection and analysis of statistical data.

Moreover, the development of the UID directly influences the growth of the insurance industry, supporting the creation of new services, reducing costs, and improving the quality of insurance products and services.

Digitalization of the insurance market provides the population with access to a full range of insurance services online, eliminating the need to visit insurance company offices in person.

The process of concluding contracts includes the assignment of a unique number, and the data stored in the UDS makes it possible to automatically calculate insurance premium rates. For example, online auto insurance has already been implemented, allowing policies to be issued at any time of the day.

The integration of government databases with the UID enables the synchronization of vehicle owners’ personal data, reducing the amount of information that needs to be entered manually. Moreover, it simplifies the process of verifying insurance coverage online without stopping the vehicle.

Thus, for insurance companies, digitalization has become a competitive advantage, as the convenience of online services attracts more clients.

In addition, digitalization allows for the creation of electronic platforms that offer a full range of insurance services, which increases customer awareness and enables companies to expand their product lines to meet clients’ individual needs.

For more information about the insurance products offered by Kazakhmys Insurance Company, please call 2090 (free from any mobile operator).