AXIS MAX LIFE INSURANCE LIMITED has completed the Surveillance audit and received a favourable recommendation for the continuation of their IAS-accredited ISO 27001:2022 Certification for Information Security, Cybersecurity, and Privacy Protection — Information Security Management System (ISMS) and ISO 22301:2019 Certification for Business Continuity Management System (BCMS).
The scope of the management system includes the Information Security Management System at Axis Max Life Insurance Company Limited Applies to Assets and Processes of all Functions Operating from its DLF Square and 90C Udyog Vihar Offices in Gurugram, including all third Parties Rendering Business Critical Services to or on Behalf of Axis Max Life.
AXIS MAX LIFE INSURANCE LIMITED can apply for ISO/IEC 27701:2019 Certification for Privacy Information Management System (PIMS) and ISO 9001:2015 Certification for Quality Management System (QMS).
What is ISO/IEC 27001:2022 Certification?
ISO/IEC 27001:2022 Certification is an internationally recognized standard that defines the requirements for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS).
The standard provides organizations with a systematic approach to managing sensitive information by ensuring confidentiality, integrity, and availability through risk assessment and security controls. Achieving ISO/IEC 27001 certification demonstrates an organization’s commitment to protecting its information assets, building stakeholder trust, and complying with legal, regulatory, and contractual requirements.
Benefits of the ISO/IEC 27001:2022 standard for AXIS MAX LIFE INSURANCE LIMITED
The following are the benefits of the ISO/IEC 27001:2022 standard for AXIS MAX LIFE INSURANCE LIMITED:
- ISO/IEC 27001 helps implement robust security controls for AXIS MAX LIFE INSURANCE LIMITED to safeguard against data breaches, cyberattacks, and unauthorized access. Also, the standard strengthens customer confidence and positions the company as a trustworthy insurer.
- ISO/IEC 27001 certification ensures compliance with data protection laws while systematically reducing risks. It minimizes legal liabilities, reputational damage, and financial losses by giving AXIS MAX LIFE INSURANCE LIMITED a competitive edge in the insurance sector.
What is ISO 22301:2019 Certification?
ISO 22301:2019 Certification is an international standard for Business Continuity Management System (BCMS). It helps organizations prepare for, respond to, and recover from disruptive incidents such as natural disasters, cyberattacks, supply chain breakdowns, or pandemics.
ISO 22301:2019 provides a structured framework for risk assessment, contingency planning, and recovery strategies, ensuring resilience and operational stability. also boosts customer confidence, strengthens stakeholder trust, and provides a competitive edge by proving the organization’s commitment to preparedness and sustainable continuity.
Benefits of ISO 22301:2019 standard for AXIS MAX LIFE INSURANCE LIMITED
The following are the benefits of the ISO 22301 standard for AXIS MAX LIFE INSURANCE LIMITED. These are as follows:
- ISO 22301 ensures that AXIS MAX LIFE INSURANCE LIMITED offers uninterrupted customer service by safeguarding critical insurance operations during crises.
- ISO 22301 strengthens policyholder trust and regulatory compliance in AXIS MAX LIFE INSURANCE LIMITED through a proven framework for business continuity and risk management.
Conclusion
AXIS MAX LIFE INSURANCE LIMITED’s achievement of ISO/IEC 27001:2022 and ISO 22301:2019 Certifications demonstrates its strong commitment to safeguarding information security and ensuring business continuity. These certifications not only highlight compliance with global standards but also position AXIS MAX LIFE INSURANCE LIMITED as a resilient, secure, and customer-focused insurer.
