Moody’s Certification Services Completes Audit of Pasa Sigorta Insurance Company
Azerbaijan, Baku / Trend corr. U.Ismaylova / Nofal Rzayev, deputy director general of the insurance company Pasa Sigorta, stated on 23 July that the audit by Moody's Certification Services recommended that Pasa Sigorta get certificated by the British Certification Agency UKAS for international standards to regulate quality of production and service. According to Rzayev, Pasa Sigorta has implemented the international audit corporative management-system.
"The newly formed management-system is based on ISO standards and combined corporative business services, mainly HR management and development," Rzayev said.
Rzayev noted that the management of the company meets modern standards of management-systems in the insurance sector. The auditors highly assessed the management system of the company. The recommendations of the auditors will be held by the Audit Management Council in London in near future.
Pasa Sigorta with a capital of AZN 1.2mln renders services to corporate and private clients with 28 types of insurance.