Posts with the tag "travel risk management"

The increased importance of Travel Risk Management

It’s no secret that the COVID-19 pandemic is redefining business travel. One of the changes is the increased importance on Travel Risk Management. This is reflected in studies but also in the work of the International Standards Organization (ISO), which is currently working on a new ISO 31030 (Travel Risk Management – Guidance for Organization).

TMCs and risk management companies can be a great support for the organizations. PASS provides the booking data for preventive and active risk identification.

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Travel Risk Management: Safety first!

Travel Risk Management: Safety First

Political unrest, terror attacks, natural disasters, epidemics – (perceived) insecurity is on the rise among business travelers. This poses new challenges for travel risk management.

Despite all the digital innovations, the number of business trips is increasing year after year: they open doors and drive growth. It is therefore hardly a surprise that in the American Express Global Business Travel (GBT)’s European Business Travel Barometer, around 50 percent of those surveyed said that they classified business trips not as a cost, but as an investment. And costs are also taking a backseat elsewhere: security is increasingly prioritized as the most important aim of travel management. Continue reading