ACCOUNT_JOB_COMPANY
ACCOUNT_JOB_ADDRESS_SINGLE_LINE
Business Continuity Plan
The Company will adopt the following contingency plan:
1. Introduction
1.1 Business continuity is a key component in any modern business. It aims to make provision for exceptional events such as extraordinary weather or the failure of a service provider.
1.2 The following information details the plans that the business will implement in the case of any exceptional event.
2. Benefits of the plan
2.1 Regulatory requirements – the SFC requires financial institutions to have sufficient Business Continuity Plans (“BCP”). This must be tested and demonstrated.
2.2 BCP demonstrates to insurers that the Company is actively managing the business risks.
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