Hatching a plan
Updated regulations from the Financial Services Authority will put further pressure on the insurance sector to implement business continuity planning. Mike Osborne looks at the steps companies can take to move all their eggs out of one basket
Pressure to wise up to business continuity will not go away, and - while it is tempting to put off starting the process - every organisation, no matter what its size or location, needs to have some form of plan in place. Despite the fact that the insurance sector is one of the key industries that cannot afford a business outage, even for a few hours, many organisations are still unclear of their obligations when it comes to business continuity, or even how to initiate a plan in the first place.
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