Open GI is warning brokers to be prepared for the unexpected by reviewing their Business Continuity Plans to ensure they can continue to operate in unforeseen circumstances, especially during the Olympics.
Many businesses have already been drastically affected by recent floods and may face more disruptions with staff shortages as a result of booked holidays, unexpected sickness and predicted travel congestion during the games.
Simon Hughes, Sales and Marketing Director, Open GI, said: “Quite often businesses assume that Business Continuity is only needed in the event of a disaster such as fire or flooding. However, disruptions come in many forms and it is fundamental for any business to ensure they can continue to operate in the event of any unforeseen circumstances. Failure to plan for Business Continuity could put a broker at risk of losing customers and at worst, a business could cease trading altogether, especially if they were unable to access and process client policies and quotations for more than a couple of weeks.
Business Continuity is a complex process, requiring specialist skills and disciplines to ensure a robust plan is in place, which is why we have developed Open GI’s Business Continuity service to test disaster recovery scenarios and minimise them.”