KPMG wins Best Audit Services at the Annual MENA Insurance Awards 2017 for the second year running
Leading global audit, tax and advisory services firm KPMG has won the ‘Best Audit Services’ firm at the Annual MENA Insurance Awards 2017 in Dubai for the second year in a row at a ceremony held at the Ritz Carlton DIFC.
Organized by MENA Insurance Review, the Annual MENA Insurance Awards recognize and reward MENA-based insurers, reinsurers and brokers who have demonstrated exceptional customer service and innovative product development during the year.
Adil Abid, a partner and the head of KPMG’s insurance practice, said “It gives me great pleasure to receive this award on behalf of our audit practices across the MENA region. The audit and assurance landscape in the region is changing. Regulatory requirements, coupled with increased stakeholder demands for greater transparency, are putting more pressure on organizations. As a result, audit and assurance are high on the agenda for many boards.
“This award is a testimony of focus and passion that KPMG places on providing high quality audits, coupled with a deep understanding of the matters that affect the industry at a regional and global level. It highlights our ability to deliver complex recommendations to clients in a practical manner and we are very proud to be recognised on such a prestigious platform.”
The judging panel comprised representatives from leading financial institutions in the region, private investors and industry experts. Each member of the judging panel had an equal vote in choosing the winners in each category and the judging decisions were based on performance as well as qualitative and structural criteria.
KPMG is a market leader in providing assurance and advisory services to the insurance and reinsurance sector and has a dedicated insurance segment partner.It is a leader in the MENA insurance and reinsurance market in terms of market share, as well as also auditing and advising a wide range of listed companies, family groups, multinationals and private companies.
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