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Underwriting » Crisis Resilience
Crises are the most serious challenges facing any organisation. While crises may be caused by a range of different events the common factor is that they present organisations with complex challenges that could have far-reaching, damaging consequences. That’s why we have partnered with CYGNVS to create an intuitive crisis preparation, management and response platform, all in one simple system. And, we provide it complimentary to all Convex policy holders.
Managing a crisis effectively requires a clear understanding of the evolving situation at any given time. Given this clarity, organisations are enabled to make clear decisions, leading to swifter, more effective resolutions.
That’s why we’ve teamed up with CYGNVS to provide a highly secure cloud-based environment to stay up to date, communicate and share vital information. It ensures all stakeholders have a shared, clear, consistent, real time view of any given situation, enabling timely decision making, wherever they are.
Complimentary to all Convex policy holders, the CYGNVS solution will enable you to configure your crisis management plans into coherent and easy to follow workstreams
The CYGNVS solution will enable you to configure your crisis management plans into coherent and easy to follow workstreams
Communications are centralised and recorded securely through the platform (rather than multi channel: email, WhatsApp, phone calls etc) providing a single source of truth and a clear auditable trail
Secure exchange of documents with the ability to sign and execute
Third parties, who are often critical in crisis response, can be invited into a controlled and secure fashion
Breaks down relevant actions into
workstreams allowing the apportionment
of ownership and milestones
Workstreams are separated into different collaboration spaces to focus information exchange and enable discrete collaboration spaces for specific interactions (e.g. legal privilege)
Helps reduce business interruption through structuring your crisis response into simple outcome orientated workstreams
Enables a single source of information
pre, during and post incident, creating
coherent and thorough auditable records
of processes and actions