A Business Continuity Plan (BCP) is a documented framework for maintaining or restoring operations during any disruptive incident such as cyber attacks, natural disasters, equipment failures, or other emergencies. For cyber insurance, insurers focus on cyber-specific elements: recovery objectives, incident response procedures, communication protocols, and data recovery strategies. Organisations with tested BCPs typically receive premium reductions as they demonstrate reduced business interruption risk. Insurers increasingly require regular testing through tabletop exercises and simulations, with documented updates following tests. Without a tested BCP, insurers may limit business interruption coverage or impose longer waiting periods, viewing untested plans as insufficient risk mitigation.
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