Premium Credit maintains Business Continuity ISO 22301
Having retained the BSI (British Standards Institute) ISO 22301 certification Premium Credit can verify its maintenance of an effective BCMS {Business Continuity Management System}. The award has been made following the business’ ongoing ability to meet the BSI’s exacting criteria to protect against, reduce the likelihood of, and ensure its business operations can recover from a wide variety of disruptive incidents.
The successful completion of the surveillance audit validated the approach Premium Credit has taken in implementing and managing its Business Continuity arrangements, following best practice and adhering to current standards.
Commitment has been demonstrated through resourcing, processes and procedures with systems in place to support People, Premises, IT and Supply Chain. The recertification shows that Business Continuity is well integrated within the business’ strategy and that colleagues remain engaged and have good levels of awareness.
Duncan Gray, Premium Credit’s Chief Information Officer commented: “Undertaking the stringent ISO 22301 testing process is an important annual examination of our operational procedures ensuring we are best placed to minimise harm in the event of significant business interruption should this happen.
Our existing Business Continuity arrangements put us in a strong position when dealing with COVID-19 and as the ongoing ISO 22301 award affirms, we are well placed to support our community of customers and partners to the highest of standards whatever adverse, operational situations we face.”
Authored by Premium Credit
About Premium Credit
We are the leading provider of premium finance in the UK and Ireland, and the only company endorsed by BIBA.
We are authorised and regulated by the Financial Conduct Authority, and work with over 3,000 producers of all sizes. We serve over 2.1 million customers, process 24 million direct debits and receive advances of £3.5 billion.
For over 30 years, we’ve led the market through thought leadership, innovation and technology and have helped our partners offer finance compliantly to their customers through face-to-face, telephony and online channels.
We continue to invest to ensure we provide a quality service and support that helps you grow your business and commission. From the delivery of a seamless customer journey, which includes real time decisioning for financing and 24/7 account servicing, to consultation that improves the offer of finance to customers, we are committed to growing the premium finance market.
Our Specialist Lending division also provides finance to pay other annual costs, such as professional fees, membership subscriptions, commercial service charges, golf clubs and school fees.