Businesses can be impacted by a wide variety of incidents such as severe weather, burst pipes, server failures and fires. Chubb risk managers advise that one of the best ways to make sure your business is prepared for recovery is to develop a business continuity plan.
What Is a Business Continuity Plan?
Here are some tips for getting your plan started and keeping it up to date:
Build a team. Get support from top management and assign an individual to lead the process. Then assemble a core team from across the organisation, with representatives from each critical department, ensuring that roles, responsibilities and competencies required for a Business Continuity Management Systems (BCMS) are addressed.
All content in this material is for general information purposes only. It does not constitute personal advice or a recommendation to any individual or business of any product or service. Please refer to the policy documentation issued for full terms and conditions of coverage.
Chubb European Group SE (CEG). Operating in the UK through a branch based at 100 Leadenhall Street, London EC3A 3BP. Risks falling within the European Economic Area are underwritten by CEG which is governed by the provisions of the French insurance code. Registered company number: 450 327 374 RCS Nanterre. Registered office: La Tour Carpe Diem, 31 Place des Corolles, Esplanade Nord, 92400 Courbevoie, France. Fully paid share capital of €896,176,662.