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Guide to help insurance firms cope with a disaster

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A new business guide has been launched online by UK Cloud and IT service provider, to help businesses in the insurance sector survive a potential disaster.

Managing costly power outages, IT failure, flooding and even terrorism are some of the potentially damaging scenarios examined in the ‘Would Your Business Survive?’ study produced by InTechnology.

Designed to provide a vital resource to businesses of all size in the insurance sector, the guide is free to download and offers advice on areas such as risk management and strategic business planning.

Research has shown UK businesses lose £2bn each year due to IT downtime and service failures, whilst £374m worth of fraud was committed by individuals against their employer – just some of the business risks tackled by the guide.

Stefan Haase, Product Director for InTechnology, said: “Our research underlines how businesses in the insurance sector need to prepare for the unexpected. There have been many high profile cases where firms have been badly impacted and have even not survived due to outside forces such as IT downtime caused by power outages that were never planned for.”

“Hopefully this guide provides the road map and strategic guidance for firms in the insurance sector to tackle a disaster and mitigate disruption – to ensure that business continuity can be maintained.”

Both the guide and the accompanying infographic can be downloaded for free at InTechnology.co.uk (http://www.intechnology.co.uk/business-continuity-guide)