article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge. Investment firms assess risks to determine where and how to invest their client's money. They are never tested or exercised.

article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Client or customer demands – depending on the type of services an organization provides to its clients, it may be mandated to implement business continuity and IT disaster recovery plans. Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs.