Subject. The article considers the possibilities of using digital and information-and-analytical platforms in the insurance industry to improve the efficiency of the internal control system of insurance organizations.
Objectives. The study aims to review the market of information technology solutions in insurance activities; to present factors, dictating the need for a single digital platform to improve the efficiency of the internal control system of insurance companies; to present the areas of implementing FinTech solutions in insurance activities.
Methods. I employ methods of observation, information processing, grouping, information technology analysis, and statistical analysis.
Results. The paper presents the results of the study of information technologies used by insurance companies. It proves that the implementation of FinTech solutions is of particular importance from the point of view of streamlining the internal control and the work of supervisory authorities.
Conclusions. The creation of a single digital platform for interaction between the users of insurance processes will contribute to enhancing the efficiency and effectiveness of control and supervisory procedures of internal control of insurance organizations, and have a positive impact on financial performance.
