The article is devoted to assessing the financial security of the activities of insurance companies as one of the stages in the implementation of all types of economic control and, in particular, internal control. The internal control of the business process connected with the assessment of financial security, with the assessment of risks in insurance companies at the present stage of economic development, is an urgent issue in the era of financial crises. Moreover, this area of internal control is not fully developed for practical use in insurance. The article provides an algorithm for assessing the financial security of an insurance company in internal control, and proposes a phased monitoring of the assessment of financial risks of an insurance company. Under the methodology of the study the following methods were taken: the methods of determinative factor analysis, an indicative method for determining the criteria for evaluating indicators. It is concluded that the need has arisen for using, as one of the sections of the methodology, the internal control of assessing the financial security of an insurance company. The result of the study was the development of an algorithm for conducting one of the sections of internal control using an assessment of the financial security of an insurance company. The practical significance of the article lies in the fact that conclusions and suggestions are aimed at developing modern economic control and contribute to real business optimization. A study conducted by the authors revealed that the new reality has changed the attitude towards the use of standard methods that do not take into account the particular functioning of companies, and requires the modernization of old ones and the introduction of new approaches to economic control methods.

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Subject. The article considers digital opportunities for long-term development of insurance business. Objectives. Our aim is to identify the problems of introducing digital technology capabilities into the insurance business, define components that make up the problem under consideration. Methods. The study draws on methods of statistical analysis, justification, and comparison. Results. The research is based on the following principle: the need for development – opportunities for development – practical application of opportunities – advantages of implementation. The paper presents stages of development of informatization and digital transformation processes in Russia, unveils the dependence of the activity of citizens, using digital services of insurance organizations, on the number of digital services of insurance organizations, determines the need to develop digitalization of business processes of insurance organizations. Conclusions. Active transition of insurance companies to the digital environment will speed up many business processes, in particular, underwriting, marketing, loss settlement. Digital reality is inevitable for the insurance market and requires new methods for evaluating the effectiveness of digital services and mobile applications.