Despite the high feasibility of innovative technologies implementation in the Russian insurance market, most of the businesses did not have plans for using such technologies as of 2021. The highest degree of full-scale usage was recorded for implementation of machine learning models in rate-setting as per ** percent of survey participants. Optical character recognition in claim settlement was the least developed new technology in this sector, though with a substantial amount of pilot projects.
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KPMG. (July 29, 2021). Degree of innovative technology employment in Russian insurance industry in 2021, by type of technology [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 27, 2026, from /statistics/1091426/russia-new-tech-usage-in-insurance-market-by-type/
KPMG. "Degree of innovative technology employment in Russian insurance industry in 2021, by type of technology." Chart. July 29, 2021. ÌÇÐÄÆÆ½â°æ. Accessed July 27, 2026. /statistics/1091426/russia-new-tech-usage-in-insurance-market-by-type/
KPMG. (2021). Degree of innovative technology employment in Russian insurance industry in 2021, by type of technology. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 27, 2026. /statistics/1091426/russia-new-tech-usage-in-insurance-market-by-type/
KPMG. "Degree of Innovative Technology Employment in Russian Insurance Industry in 2021, by Type of Technology." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 29 Jul 2021, /statistics/1091426/russia-new-tech-usage-in-insurance-market-by-type/
KPMG, Degree of innovative technology employment in Russian insurance industry in 2021, by type of technology ÌÇÐÄÆÆ½â°æ, /statistics/1091426/russia-new-tech-usage-in-insurance-market-by-type/ (last visited July 27, 2026)
Degree of innovative technology employment in Russian insurance industry in 2021, by type of technology [Graph], KPMG, July 29, 2021. [Online]. Available: /statistics/1091426/russia-new-tech-usage-in-insurance-market-by-type/