Avon Insurance Brokers compliance policy helps the company effectively manage insurance broking related risk and compliance issues. Our dedicated teams of experts offer a variety of highly specialized services that delve deeply into technical topics, keeping clients on the right side of the issues. Training and educating our teams is the cornerstone of our compliance policies.
Avon Insurance Brokers offers a standardized, streamlined process that enables company to observe Insurance Authority rules and regulation, Dubai Health Authority and other UAE Authorities' legal, fiscal, and regulatory compliance requirements.
Noncompliance risk exposures are real; the financial and reputational consequences of a breach can be severe. We at Avon recognize the importance of abiding and keeping a vigilant eye on compliance on all its facets.
Due to the increasing number of regulations and need for operational transparency, Avon is increasingly adopting the use of consolidated and harmonized sets of compliance controls. This includes reviewing plan documents and past reports, verifying and testing data accuracy and completeness, answering any client queries, obtaining feedback, and identifying our client's risk reporting needs, establishing clear lines of communication, and meeting deadlines. Communicating effectively by producing formal management reports, discussing issues and risks with clients, proactively providing legislative updates and establishing a process for future monitoring, we are able to deliver a first-class solution to our clients by delivering value every day.