The regulation also applies to consulting firms
The 160 consulting firms established in the United Arab Emirates are required to comply with the regulations imposed on them by three different administrations.
The Insurance Authority, alone, oversees 141 of these entities, a figure that has hardly changed over the years. Regular monitoring of these organizations stands as a guarantee of security for customers and insurers.
Financial strength of the consulting firms and their level of competence and qualification will be particularly scrutinized.
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