Public Authority for Social Insurance receives five certificates of merit

Muscat: The Public Authority for Social Insurance (PASI) has received five certificates of merit—four of which with commendation—from the International Social Security Association’s regional forum on good practices in Asia and the Pacific.

A first project, titled ‘Developing Collection Mechanisms’ (of insurance bill, collection companies, electronic payment gateways, virtual accounts, remote cheque deposit), was aimed at promoting the culture of paying subscriptions through e-payment channels and underling the significance of the same in terms of speed and accuracy.

The second project, on ‘Implementing the Quality Management System’, sought to improve transactions carried out at the PASI and to provide sustainable services that meet the requirements of customers—with high quality and efficiency.

The third project, titled ‘Cooperation Programme with Academic and Educational Institutions in the Sultanate of Oman’, was designed to inculcate a culture of social protection and its importance among children and students studying in various educational and academic institutions, job seekers and parents.

The fourth project, titled ‘PASI’s experience in implementing a system of business continuity management’, dealt with managing comprehensive operations that determine the potential threats staged at PASI and their impact on basic operations pertaining to assets and human resources.

A fifth titled “Quantitative and Qualitative Analysis of Performance and Risks of PASI’s Investment Portfolio”, was aimed at measuring the level of risks quantitatively and qualitatively.