Scenario testing exercises for insurers

As part of the new regulatory requirements for operational resilience, firms are now required to regularly “test their ability to remain within impact tolerances in severe but plausible disruption scenarios.*”

Here at BW, we are supporting clients to develop exercises that will sit alongside the paper-based stress and scenario analysis; testing the elements that simply can’t be captured on a spreadsheet, enhancing your resilience and bringing these requirements to life. 

Ensuring your organisation is prepared

Watch our webinar for practical suggestions on how to approach scenario testing for the new operational resilience requirements, including the design, delivery and facilitation of exercises. 

Key topics covered

•    What exactly is an exercise?
•    The different type of exercises 
•    When should you use them?
•    Preparation for delivering an exercise
•    Designing a scenario
•    Facilitation tips
•    Written self-assessment requirements

*OSS1/21 Operational resilience: Impact tolerances for important business services