კონფერენცია

∘ Tamar Lazariashvili ∘
INSURANCE MARKET AND AGRIBUSINESS DEVELOPMENT POSSIBILITIES

Summary

The article studies the insurance market and agribusiness development opportunities, assesses the role of the state in the development of agri-food business, identifies the factors that hinder the development of agribusiness using appropriate methods, and discusses ways to solve them.

The article substantiates the need for the development of legislative acts in coordination with the state and insurance companies, training and retraining of personnel, protection of the market from monopoly, investment of companies attracted by funds, development of the stock market and others. The implementation of agro-insurance will increase the interest of financial institutions in the agricultural sector and make financial resources available to farmers. Based on the analysis of the insurance market, the paper draws conclusions about the need to develop the insurance market in agribusiness and offers relevant recommendations.

Keywords: agribusiness, insurance market, agro insurance, risk control.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Tamar Lazariashvili ∘ INSURANCE MARKET AND AGRIBUSINESS DEVELOPMENT POSSIBILITIES Summary The article studies the insurance market and agribusiness development opportunities, assesses the role of the state in the development of agri-food business, identifies the factors that hinder the development of agribusiness using appropriate methods, and discusses ways to solve them. The article substantiates the need for the development of legislative acts in coordination with the state and insurance companies, training and retraining of personnel, protection of the market from monopoly, investment of companies attracted by funds, development of the stock market and others. The implementation of agro-insurance will increase the interest of financial institutions in the agricultural sector and make financial resources available to farmers. Based on the analysis of the insurance market, the paper draws conclusions about the need to develop the insurance market in agribusiness and offers relevant recommendations. *Keywords*: agribusiness, insurance market, agro insurance, risk control.