Minimise travel disruptors to maximise successful trips
It’s not enough to react after something goes wrong. In today’s environment, organisations must proactively manage known and emerging threats by preparing employees, staff and students for travel risks before they go – while also ensuring they’re supported if something does go wrong.
As organisations weigh up risk tolerance and costs – those inherent with travel as well as the repercussions if they chose not to go – many turn to trusted travel risk management companies for help finding that balance and meeting Duty of Care obligations in an everchanging world.
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What is travel risk management?
Corporate travel risk management involves assessing the potential risks associated with travel and putting steps in place to mitigate those risks or travel disruptors.
It complements the financial reassurance provided through travel insurance to further strengthen business continuity. Organisations that can anticipate risks are in a better position to mitigate or avoid them entirely compared to businesses that wait for a dangerous situation to occur before responding.
Benefits of travel risk management
With improved safety measures in place, organisations can reduce the likelihood of incidents occurring while also maximising the impact and success of their business trips. Business travel risk management solutions provide organisations with a number of advantages, including:
Access to important destination travel advice pre-trip
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Efficient, top-level care in the event of an incident
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Access to cost-saving measures
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Training to help travellers manage risk
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Real-time alerts about changing global condiditons
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How travel risk management can help my organisation
Travel risk management tech & tools
With the rise of globalisation, more and more businesses are sending employees to travel to different parts of the world. While this can be exciting for employees, it can also be dangerous.
By using digital tools with 24/7 global monitoring, organisations and schools can identify potential areas of risk in the country they are travelling to. This allows travel managers to monitor employee safety and security while they are on the road and have the intel and foresight to determine whether or not to send them on the trip.
Traveller location monitoring
Tracking and monitoring employee journeys is critical. With World Travel Protection’s travel risk management software, travellers have the control to determine if they wish to share precise location or an approximate location within 5km/3miles of where they are located. This ensures they receive relevant information while also alleviating concerns of constant tracking. Location sharing also provides proactive communication to travellers with up-to-date notifications of events based on their proximity.
High-precision tracking is also available and triggered when the traveller activates the emergency call button in their Travel Assist App.
Trip risk assessments
Effective safety is all about assessing and mitigating risk in different environments. This is especially important when sending employees on business trips, whether local or abroad. In order to ensure the safety of a corporate traveller, a travel risk assessment should be conducted prior to departure.
These can involve researching the destination for any potential dangers, confirming the traveller has comprehensive travel insurance coverage and assistance capabilities, and outlining clear emergency procedures in case of trouble. World Travel Protection helps you compile your travel risk assessment and take care of any emergencies or complications, should they occur.
Duty of care obligation
Companies are held accountable for complying with their duty of care obligation when sending employees away on business trips. Our travel risk management programs help you fulfill your duty of care obligations. Using our self-audit tool, organisations can benchmark travel risk management policies against the ISO 31030 standard. This is a great way to ensure that you’re protecting your people in the right way and fulfilling your duty of care obligations.
Travel risk management solutions
Wherever you are in the world – or whoever you’re responsible for keeping safe – our travel risk management tools are here to help. They can provide vital support for business travellers, expatriates and employees.
By applying our solutions to your particular situation, businesses can ensure both peace of mind for travellers and safety for their resources in the case of any unforeseen issues that may arise during travel.
Discover how we can help you and your team by scheduling a demonstration of our World Travel Protection Travel Risk Management Solutions. Simply fill out the form and we will be in touch soon.