Success Story: Business Continuity Management

EFFICIENTLY PREPARED FOR EMERGENCIES

The implementation of a business continuity management system is in line with modern and responsible corporate management in the digital age. After all, failure to fulfill oversight requirements in the case of an emergency or a crisis will lead to considerable damage to a company’s reputation, especially as these requirements also have to be fulfilled for Solvency II. That’s why a large insurance group took the decision to implement a risk-oriented business continuity management system in accordance with ISO 22301. Since that time, they have put into place overall coordination of emergencies, which can then be managed effectively in every respect. Q_PERIOR supported the insurer with the implementation, operationalizing BCM group guidelines and carrying out corporate and risk analysis, as well a business impact analysis. In addition, Q_PERIOR worked together with the insurer to draw up a restart strategy, implement several restart concepts and create the necessary emergency documentation.

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What has our client achieved with this?

  • Acceptance of emergency management has increased by 21%
  • 100% fulfillment of legal and regulatory requirements
  • Complete integration of emergency management into compliance function and risk management
  • Documentation of BCM processes and IT systems from the point of view of risk

Our Approach

Q_PERIOR successfully implements emergency management projects within the framework of digitalization for insurance companies – from the risk analysis right up to the documentation of the procedure.

WE ARE THERE FOR YOU!

With Q_PERIOR, you have a strong partner at your side.
We look forward to your challenge!

2017-10-11T14:38:44+00:00 2. April 2016|