I work for a small MGU (Managing General Underwriter) in the Self-Insured market. Since we are small we generally are limited to operating costs of an avg of 10% of the premium that we underwrite. This 10% has to cover all company expenses, purchases, etc. Due to this the monthly expenditures of having an IT "hot site" and "30 day offsite work area" are somewhat prohibitive.
If in our Contingency Plan we plan only for manual processes in case of Systems failure, until system recovery. Would there be a problem during auditing that we do not take into account an offsite business Continuation of Operations Plan? 43252, c. Contingency Plan states "The organization would be required to perform .... have available critical facilities for continuing operations in the event of an emergency and have disaster recovery procedures in place." Thanks for any input anyone has in regards to this matter. Sincerely, Steve Sklar IT Manager Majestic Underwriters, Inc. (p) 248.583.4488 x246 ********************************************************************** To be removed from this list, send a message to: [EMAIL PROTECTED] Please note that it may take up to 72 hours to process your request.