UAE: Oman Insurance receives accreditation from the UAE Institute of Internal Auditors
Source: Middle East Insurance Review | Apr 2018
Oman Insurance Company (OIC) has achieved yet another significant milestone by becoming the first insurer in the country to receive accreditation from the UAE Institute of Internal Auditors.
The Institute recently concluded an External Quality Assessment of the Internal Audit processes at OIC.
“We are pleased to receive this recognition from the well-recognised Institute of Internal Auditors in the UAE. A robust audit methodology provides the assurance required to our Board, senior management, shareholders and stakeholders and is a pillar to achieving good governance, particularly in our challenging business environment that is increasingly regulated, so as to bring the market on par with global standards. This accreditation is yet another validation of the numerous successes OIC has achieved in the past year and our continuous drive to constantly outperform,” said Ms Louise O’Donnell, Executive Vice President Internal Audit. M