The strategy proposed in this study was developed on the basis of the above analysis of the relations between the state, the insured and the insurers, taking into account the mentality of the people of Uzbekistan to some extent. First of all, it is aimed at the formation and development of the demand for insurance mechanisms for the protection of property interests of individuals and legal entities in the conditions of a modernizing economy. In addition, a national model of protection of property interests of individuals and legal entities through insurance has been formed. Also, the innovative perspectives of the insurance industry in the technological, economic and product directions as an element of the risk management system of legal entities and individuals in Uzbekistan have been identified. In Uzbekistan until 2026, a strategy for the development of the insurance sector has been formed on the basis of the national insurance model as an element of the risk management system of individuals and legal entities.