Travel risk management is the process of identifying, assessing, and mitigating risks in corporate travel to protect employees and company assets.
Travel risk management involves anticipating potential threats—such as health issues, political unrest, natural disasters, or security incidents—and taking steps to protect travelers. In corporate travel, this means having policies, tools, and procedures that monitor global conditions, provide real-time alerts, and offer immediate assistance if problems arise.
Effective travel risk management includes pre-trip risk assessments, traveler tracking, emergency response plans, and coordination with security providers. It safeguards employee well-being, ensures duty-of-care compliance, and minimizes business disruption during corporate travel. Learn more.