Traveler Insurance Business Continuity Plan

Having these plans in place give the Disaster Recovery team the instructions they need when disaster strikes

The main objective of this business continuity planning is to overcome the aftermaths of disaster either man made or natural to initiate daily activities in a timely manner without interrupting in service. The main objectives of business continuity plan are as follows:

The Planning Phase of a contingency plan is created to minimize loss and to ensure that a business critical infrastructure can continue normal operations in the event of a disaster. According to The NIST a contingency planning refers to interim measures to recover information system services after a disruption (Swanson et al. 2010, p. ES-1). Prior to creating a plan several question should be address.

business continuity plans and disaster recovery plans. Select an organization that you are familiar with,

Inadequate disaster planning: Information security involves more than just the technical aspects, there are also social, organisational and human ones (Williams et al, 2013). Whilst there technically was a business continuity plan (BCP), it was out of date. In addition there was insufficient knowledge amongst the staff involved as to the location of the BCP.

It’s important for company to have a contingency plan a backup plan in events of disasters that will disrupt their production schedules. Once this plan

One of the five principles for effective planning in emergencies is the knowledge that the designated plan is not the final outcome due to the ever evolving disasters and resources it takes. This is an important principle to remember due to the rotation of staff, agency partnerships, new and updated technologies, and offices are currently moving. Populations evolve with the increase and decrease of unique demographics such as evacuees, immigrants, newly disabled veterans, and senior citizens. This principle takes an active planning approach and need staff that has the ability to be flexible while still being proactive in planning and responding. The second principle identified in the text is the creating of a plan assuming an agent-generic

A disaster is “an occurrence that disrupts the functioning of the organization resulting in loss of data, loss of personnel, loss of business or loss of time” (Hiatt, 2010, P.4). There are four broad categories of disasters. According to Hiatt (2010), disaster occurs as a result of accidents, internal factors such as sabotage, natural disasters like earthquake and armed conflict such as war or terrorism (Hiatt, 2010). In each of these categories, the goal is to mitigate the impact and quickly recover from the disaster. In other to do that effectively, the organizations should put a Disaster Recovery (DR) plan in place before the actual disaster occurs. The DR plan, which is usually embedded in most organization’ business continuity

We will also need to have a robust incident response and disaster recovery plan. Sooner or later, something bad will happen on our network. Without plans for incident response and disaster recovery, you will lose valuable information and possibly business. Your plans should be documented, regularly tested, and kept updated.

As part of this agenda, we will increase employee awareness of possible disasters and help them be more ready, both at home and at work. Another advantage is to our customers. They can be additional assured that we will do all so that we can provide them the best likely service and support. This program will also give a competitive benefit as none of our competitors at present are planning at the levels we are.

In 2011, IBM reported that only 6 percent of companies incurring a "major loss of business data" would be long-term survivors, while 43 percent would never reopen and 51 percent would close their doors within 24 months. Many of these companies no doubt felt that they had a viable disaster recovery plan, but they failed to realized that disaster recovery is only part of an effective business continuity plan. A disaster recovery plan is simply the process of ensuring that data can be recovered in the event that system data is lost through physical destruction or an issue with software such as a virus. A business continuity plan encompasses the preservation and recovery of data, but it also includes planning for the absence of a key staffer, disruptions in your supply chain or other issues that your business might face.

Business continuity is the process by which an organization can ensure its recovery and return to normal operations after a disrupting event (Peltier, 2014). The actual actions which the organizations execute are contained in the disaster recovery plan, which is based on information gathered from the continuity process. Although both of these topics are incredibly important to the survival of an organization, many organizations take shortcuts in the planning process. Some common pitfalls in the continuity planning process include poor questionnaires, poorly timed interviews, poorly recorded interviews, and lack of proper preventive controls (Peltier, 2014). Issues on the disaster recovery plans typically include where backup

The onset of a disaster is not an ideal time to plan. Only, few organizations take a proactive position, from the CEO on down, making Business Continuity a daily need for the whole association (Christian, n.d.).

Business Continuity Planning Management may have differing guidelines for building a plan, depending on the business sector. However, many are using the National Commission on Terrorist Attacks (NFPA) 1600 as the bases for building a BCP plan. The guideline includes ten essential elements that include: Program Initiation & Management, Risk Evaluation & Control, Business Impact Analysis, Business Continuity Strategies, Emergency Response & Operations, Business Continuity Plan, Awareness & Training, Business Continuity Plan Exercise, Audit & Maintenance, Crisis Communications, and Coordinate with External Agencies. According to Clas (2008), “Going through the emergency preparedness and business continuity planning process is an extensive undertaking for most business. When done correctly, it is a quantifiable, sound investment” (para, 22). Business Continuity Plan falls in middle of these elements and is an integral key to emergency preparedness

Adequately preparing for disasters would help in fast recovery. For example, fire is a catastrophic disaster, so backups should be at off-site location to minimize the damage caused to clients, employees, stakeholders and investors.