“Uzbekinvest” Opens New Insurance Markets to Support Exports and International Investment in Scandinavia and Northern Europe
As part of its business trip, the insurance company «Uzbekinvest» held a series of negotiations with the heads of leading export credit agencies in Northern Europe — the Export and Investment Fund of Denmark (EIFO) in Copenhagen, Denmark; Exportkreditnämnden (EKN) in Stockholm, Sweden; and Finnvera in Helsinki, Finland.
As a result of these business meetings:
- Cooperation agreements were signed with EIFO, EKN, and Finnvera aimed at supporting national exporters and providing for joint efforts to expand access for Uzbek products to the markets of Denmark, Sweden, and Finland;
- An agreement was reached on joint work to cover commercial and political risks in mutual foreign trade operations, as well as on the exchange of information and the development of joint mechanisms for opening new markets for exporters and investors from the countries participating in the negotiations;
- A mechanism for joint insurance involving state-owned and private insurance companies was identified, and the creation of the necessary conditions for attracting foreign investment and advanced technologies to Uzbekistan was also discussed;
- Measures were outlined for close cooperation in the field of insurance protection for foreign trade operations, attracting direct foreign investment to Uzbekistan from these countries, and continuing dialogue on the development of new areas of trade and economic partnership.
In addition, the delegation of the insurance company «Uzbekinvest» held a series of meetings with leading international insurance and brokerage companies — including RiskPoint Group (Copenhagen), Howden Re (Stockholm), Säkra (Malmö), Aon (Helsinki), and others.
During these meetings, promising areas of cooperation in commercial insurance were identified, including facultative placements and niche risks; formats for the company’s participation in international placements were discussed; and potential entry points for «Uzbekinvest» into the insurance markets of Scandinavia and Northern Europe were determined.
