29-05-2025
- Business
- United News of India
LIC receives BSI Certification
Hyderabad, May 29 (UNI): LIC of India, the leading Public sector Insurer, has been awarded the ISO 22301:2019 Business Continuity Management System (BCMS) certification from the British Standards Institution (BSI).
The ISO 22301:2019 BCMS accreditation recognises the Insurer's ability to maintain robust business continuity practices, ensure uninterrupted services even during unforeseen disruptions, and effectively manage risk, the insurance company said in a release on Thursday.
ISO 22301:2019 is an international benchmark for business continuity management, focusing on minimizing operational disruptions and ensuring swift recovery in times of crisis.
Achieving this certification enhances LIC's reputation as a resilient organisation that is well-prepared to ensure continuity of services even in the face of unexpected challenges that may arise and serve customers seamlessly.
Speaking on this milestone, Siddhartha Mohanty, CEO & Managing Director, LIC said, " Receiving the prestigious ISO 22301:2019 certification stands as a testament to our commitment to ensuring business continuity in the face of any disruptive events and safeguarding the interests of our stakeholders, further strengthening confidence in LIC."
"Security and resilience have always been central to LIC's operational philosophy," stated Tablesh Pandey, Managing Director, LIC.
"Achieving ISO 22301 certification underscores our unwavering dedication to safeguarding the interests of millions of policyholders by ensuring secure, uninterrupted services, and consistently enhancing our preparedness against disruptions," Pandey added .
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