The Allied Insurance Company of the Maldives has formed a new alliance with CA Maldives, towards strengthening and advancing the profession of accounting.
Under this new alliance, signed on Wednesday between the allies, accounting profession will see enhancement in the form of benefits available to CA Maldives members.
The partnership’s primary focus therefore, is on promoting professional development, knowledge-sharing, research, and initiatives supporting ethical accounting practices. Beyond this, the partnership is central towards the enhancing financial transparency, and the continued growth of the accounting and financial sectors in the Maldives.
Both organizations will collaborate on capacity-building initiatives, exchange of expertise, and research projects related to the Maldivian market.
The partnership facilitates exclusive benefits to CA Maldives members, including preferential contribution rates and simplified document requirements for Professional Indemnity Takaful coverage required for licensing purposes. CA Maldives members and permanent staff will have access to Group Health Takaful and Group Term Life Takaful coverage on preferential terms and conditions, subject to applicable policy requirements.
The partnership is reflective of shared commitment of Allied Insurance and CA Maldives to supporting professional excellence.