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| Improving a Business Continuity Planning Program: |
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| Overview |
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- Leading global insurer with significant exposures in multiple regions and countries was faced with a number of challenges surrounding business continuity planning (BCP).
- These included: resource constraints and turnover, negative internal audit findings, a distributed global presence, and business priorities that appeared to compete with BCP.
- As such, there was an immediate need to strengthen the global BCP program
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Our Approach |
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- Performed a detailed review of the existing BCP program and implemented initiatives in several key areas to improve the overall quality of the program.
- Updated the home office business continuity plan, ensuring global compliance with corporate mandated BCP self assessments, and the development of tracking and quality monitoring frameworks.
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Outcome |
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- Updated home office plan met client objectives and compliance requirements, and better positioned client to effectively respond and recover during a business disruption.
- Fully completed BCP assessments globally provided visibility into the state of BCP across the enterprise.
- Additional recommendations for global BCP improvement helped strengthen recovery planning and significantly reduce risks on a global level.
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| Copyright - TNC Management Group LLC © 2009 |
45 Park Place South, #301, Morristown, NJ 07960 | 1-888-821-1115 |
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