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Business Continuity Management (BCM)
SBI Life Insurance is an ISO 22301 certified Insurance Company for its Business Continuity Management System (BCMS). Our BCMS addresses the safety of our employees and enables the company to restore critical business operations to the minimum agreed level in the event of any contingency.
Our BCMS aims:
- To prepare people to manage potential emergencies.
- To restore critical business operations to the minimum agreed level within the recovery point objective (RPO), recovery time objective (RTO) and minimum business continuity objective (MBCO).
BCM comprises of three primary elements:
- Disaster Prevention: Implementation of mitigation measures to increase organizational resilience by reducing the probability and impact of disasters.
- Emergency Response: Planning and preparing to manage the disaster.
- Resumption and recovery: Planning and preparing for post disaster activities.
SBI Life shall endeavor to continually improve the suitability, adequacy and effectiveness of the BCMS.
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