Try our corporate solution for free!
(212) 419-8286

Main obstacles for implementing new tech in insurance market in Russia 2020

The primary problem for implementing innovative technologies in the Russian insurance market were regulatory restrictions, as per 50 percent of surveyed industry experts in 2020. Lack of ready-to-use IT solutions was the second most mentioned reason. Almost half of respondents also mentioned that insurance clients were not ready for new business solutions as a confining factor for the development of new technologies in this market.

Obstacles to developing new technologies in Russian insurance industry in 2020*

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in

Release date

August 2020



Survey time period


Supplementary notes

* According to the source, such as when entering into insurance agreements or claiming losses.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Insurance market in Russia"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.