Lombard International, a global leader in wealth structuring solutions for high-net-worth individuals, today announced that the business has been awarded the ISO 27001:2013 certification for their Information Security Management Systems.
This accreditation is the internationally recognised standard for information security management systems. In order to achieve this standard, organisations must demonstrate best practice in establishing, implementing, maintaining and continually improving information security procedures.
This accreditation demonstrates Lombard International’s commitment to the protection of both their own and client data. It is an independent verification of the fact that the organisational risks are properly identified, assessed and managed, and information security processes, procedures and documentation have been formalised. Moreover, it recognises Lombard International’s ability to successfully manage internal controls and meet corporate governance and business continuity requirements; whilst aligning its global operations in order to grow sustainably across its core markets in Europe, US, Asia and Latin America.
John Hillman, Executive Chairman at Lombard International commented: “We are delighted to be awarded this accreditation as it further demonstrates to our clients and business partners across the world that the security of their information is of paramount importance to us, and that we are taking every precaution to ensure the highest levels of protection.”
This accreditation is especially pertinent in light of the impending EU General Data Protection Regulation (GDPR), the most important change in data privacy in 20 years. Set to be enforced on 25 May 2018, the GDPR is designed to increase European individual’s rights to data protection and will affect any business that holds personal and/or customer data.
About Lombard International
Lombard International is a leading global life insurance-based wealth solutions provider, combining the strength and expertise of two specialist life insurance companies with over 25 years’ experience and market leadership in their respective fields. Lombard International provides wealth structuring solutions using private placement life insurance and annuity products to high net worth individuals, their families and institutions around the globe.
The global group, branded as Lombard International, launched to market in September 2015. With head offices located in Luxembourg and Philadelphia, a combined global presence enables Lombard International to serve clients’ complex needs on a global basis while being sensitive to local cultures and attitudes. The firm is an industry leader in providing multi-jurisdictional wealth planning solutions through its partner networks across the United States, Europe Asia and Latin America.
Global assets under administration are in excess of €77 billion with a global staff number of over 600, including more than 60 technical experts specializing in 19 jurisdictions.
Funds managed by Blackstone own Lombard International. Blackstone is one of the world’s leading investment firms with assets under management of over USD 367 billion.