Backup and Recovery for Insurance Company Regulatory Compliance
Life Insurance as a regulated industry, requires regular audits of business policies and practices, corporate records, and other pertinent matters to provide reasonable assurance that the Company is in compliance with applicable laws, rules and regulations. Part of the company audit includes a thorough evaluation of IT disaster recovery plans to confirm compliance.
To be prepared for any audit the company executes bi-annual disaster recovery tests to validate Disaster Recovery (DR) procedures and to confirm all critical data is available in the event of a major system failure. With steady growth, the existing backup environment was reaching maximum capacity. Corporate Technologies (CTI) reviewed the client’s existing backup environment, made recommendations and deployed an enhanced backup architecture that would enable the company to meet their requirements and position them for continued growth.