Business Continuity and Disaster Recovery for Insurance Companies

Business Continuity and IT Disaster Recovery for Insurance Companies

When disaster strikes are you going to be there to answer your customers call? The insurance industry is uniquely situated to understand the need for robust business continuity management planning (BCMP) and disaster recovery (DR) solutions. The ability to continue operations in the face of an incident is a key to business success in the insurance industry. With growing state and federal regulatory requirements and a growing emphasis on governance, more insurance companies are embracing business continuity.

Whether it’s serving existing customers, billing, paying claims, or generating new business, the Quantivate Business Continuity for Insurance companies helps your organization remain competitive when an incident occurs.

Quantivate Business Continuity Software for Insurance companies includes a full BC solution for:

  • Risk Assessment (Threat and Vulnerability Analysis)
  • Business Impact Analysis (BIA)
  • Strategies and Solutions Development
  • Plan Development
  • Plan Maintenance
  • Exercises
  • Emergency Notification (SMS, Email, Voice Broadcast)
  • Incident Management


Business Continuity Management (BCM) Software

Operationally strategic and deployable, business continuity plans are critical to ensuring your organization can survive and succeed following an unplanned disaster. Many organizations simply maintain large paper notebooks of BC/DR plans that sit on a shelf and quickly become outdated. Maintaining these plans with word processing software, or modularized solutions is time-consuming and doesn’t meet the growing requirements from regulators, auditors, government agencies, customers, or investors.

Quantivate Business Continuity Software for Insurance companies reduces the time you spend managing and maintaining plans. The solution enables you to understand your organization, develop implementable plans, keep your plans up-to-date, and increases the availability of critical operations across the enterprise. Quantivate Business Continuity Software for Insurance companies uses a repeatable methodology that removes single points of failure in processes and technology. This ensures quantifiable risk measurement capabilities and allows business continuity data to be harnessed for the greater Governance, Risk, and Compliance (GRC) good.

Flexibility and Scalable BCM Software

Quantivate Business Continuity Software for Insurance companies has an easy-to-use interface that allows you to quickly construct your BC plan on the fly with minimal effort. In addition, no other software platform brings the ability to scale from a simple to complex implementation without development. Simply point, click, and configure your way to the perfect tool to fit your needs.

Easy Plan Customizations and Prebuilt Templates

Quantivate Business Continuity’s question-based plan templates will increase your efficiency, engage your employees, and prompt them to think. With an easy to use word processor interface, the software ensures that your plans can be built in a matter of hours, not days. Plus, you can save even more time with customizable prebuilt templates that allow you to focus on important plan details, rather than redundant tasks. Available plan templates include:

  • Business Continuity
  • Continuity of Operations
  • Pandemic Flu
  • Application Disaster Recovery
  • Platform Recovery
  • Server Recovery
  • Data Center RecoveryCrisis Management (With or without Incident Command Structure elements)


Save Time With Quantivate Service and Consulting

Not every organization has the expertise or resources to develop and maintain their BC program. Let Quantivate’s top-notch experts complete the work for you. Quantivate consultants use Quantivate’s proprietary processes and software solutions to build your BC, DR, Pandemic, Crisis Management and/or EOC Plans.

It’s as easy as 1-2-3:

1. We Schedule Interviews
2. We Interview Your Staff
3. You Get your Plans

Emergency Notifications

The probability of major emergencies, such as natural disasters, pandemic outbreaks or terrorist attacks, has increased in recent years. However, disruptions in your organization can’t be predicted. This makes it difficult to reach and account for people during unexpected crises. Quantivate takes what is historically a time-consuming manual process and provides an automated solution that reaches people within seconds anywhere – anytime.

Reach Anyone, Anywhere, on Any Device

Today there are more ways than ever to contact people, so effective emergency notification needs multi-layered communication channels to ensure key personnel get the information they need. To ensure vital messages aren’t missed in a crisis, Quantivate Emergency Notifications gives users the ability to reach people in multiple ways including voice calls, SMS text messages, and emails.

Voice Messages

Quantivate Emergency Notifications allows users to send a notification via a phone message. You can send phone messages in the following formats:

  • Text to Speech – type in text that will be translated to voice in a phone message
  • Voice Recording – record or upload a voice message to your notification recipients
  • Single Question Poll – when your notification is sent recipients receive a poll
  • SMS Text Messages
  • Send text messages to your personnel on the go. Just because your people are not near a computer doesn’t mean they can’t be notified.

Email

Reach personnel at their desk or on the road through email notifications.

Benefits

  • Saves precious time in an emergency by contacting key personnel simultaneously
  • Frees up employees to concentrate on other tasks
  • Improves chances that the message is received by contacting recipients over multiple communications methods
  • Ability to track and confirm delivery of messages in real time
  • Enables business continuity communications required to fulfill compliance, audit, and regulatory obligations
  • Manages contact records through integration with your Business Continuity, Vendor Management, IT GRC, Internal Audit, and Enterprise Risk
  • Management databases