Own Risk and Solvency Assessment (ORSA) - NAIC Model Act vs Turkey KVKK
What is the difference between Own Risk and Solvency Assessment (ORSA) - NAIC Model Act and Turkey KVKK?
Own Risk and Solvency Assessment (ORSA) - NAIC Model Act is a risk management framework applying in the United States (NAIC), with 9 controls across 5 domains. Turkey KVKK is a other framework applying in Turkey, with 18 controls across 3 domains. They govern different subjects, so the overlap is limited to the governance requirements they share. The mapping below shows where that is.
Own Risk and Solvency Assessment (ORSA) - NAIC Model Act9 controls
Turkey KVKK18 controls
Questions people ask about Own Risk and Solvency Assessment (ORSA) - NAIC Model Act and Turkey KVKK
What is the difference between Own Risk and Solvency Assessment (ORSA) - NAIC Model Act and Turkey KVKK?
Own Risk and Solvency Assessment (ORSA) - NAIC Model Act has 9 controls while Turkey KVKK has 18 controls. Both frameworks address compliance requirements but differ in scope, focus, and applicability. Use our platform to explore the exact control-to-control mappings.
Do I need both Own Risk and Solvency Assessment (ORSA) - NAIC Model Act and Turkey KVKK?
Whether you need both depends on your industry, regulatory requirements, and customer expectations. Many organizations implement multiple frameworks simultaneously. Our compliance platform helps you map controls between Own Risk and Solvency Assessment (ORSA) - NAIC Model Act and Turkey KVKK so you can identify shared requirements and avoid duplicate effort.
How do Own Risk and Solvency Assessment (ORSA) - NAIC Model Act and Turkey KVKK controls map to each other?
Our platform maps controls between Own Risk and Solvency Assessment (ORSA) - NAIC Model Act and Turkey KVKK at a granular level. Each mapping shows whether controls are fully aligned, partially aligned, or represent gaps. This helps you prioritize implementation when pursuing both frameworks.
Which framework should I implement first, Own Risk and Solvency Assessment (ORSA) - NAIC Model Act or Turkey KVKK?
The best starting point depends on your specific regulatory requirements, industry, and customer demands. Consider which framework is most urgently required by your stakeholders or regulators. Use our free compliance platform to run a gap analysis and determine the optimal implementation sequence.
Each framework on its own
Comparisons people read next
Each of these compares one of the two standards above against another it shares controls with.
Own Risk and Solvency Assessment (ORSA) - NAIC Model Act vs IAIS Insurance Core Principles (ICPs)2 shared controlsOwn Risk and Solvency Assessment (ORSA) - NAIC Model Act vs South Korea PIPA2 shared controlsOwn Risk and Solvency Assessment (ORSA) - NAIC Model Act vs Vermont Artificial Intelligence and Consumer Data Act (AICDA)2 shared controlsTurkey KVKK vs Vermont Artificial Intelligence and Consumer Data Act (AICDA)3 shared controlsTurkey KVKK vs Bahrain PDPL3 shared controlsTurkey KVKK vs LGPD3 shared controls
See all control mappings with interactive gap analysis
Explore the complete mapping between Own Risk and Solvency Assessment (ORSA) - NAIC Model Act and Turkey KVKK on our compliance platform.
Written and maintained by Gerard Blokdyk, The Art of Service.