Formalized model of agricultural insurance development strategy as an element of industry management digitalization

Abstract

Abstract The article discusses the possibilities of agricultural production management digitalization with formalized models, using the example of state support for agricultural insurance. The aim of the study is to adapt the BCG model for use as a tool for designing a development strategy for agricultural insurance with state support. Tasks: - determine the possibilities of using the BCG model to design an agricultural insurance development strategy; - offer a model parameters system; - define a set of strategies in the framework of the goal. Putting the model into practice will make the existing state support system more transparent and predictable, depending mainly on the objectives of state policy and the actual indicators achieved by the industry. At the costs high level offered by these measures, the system involves the creation of a sustainable market for insurance services, regulated by both economic and administrative mechanisms. The presence of such decisions totality will automate the decision-making process at the industry management level; ensure the agricultural policy continuity in the long term.