The protection insurance provider Chubb issued travel advice explaining that "Terrorism and other cr

Travel insurance has always been one of the back benchers in the world of corporate travel, considered by many as simply protocol. However with global travel sheraton crystal city hotel increasing, so is the risk for travellers.
The influx of media stories over the last few years covering national incidents such as the Kenyan shopping mall shooting in September 2013 and Bangkok riots in January 2014 as well as natural disasters that get lots of news coverage, has helped sheraton crystal city hotel make the point that risk is a big deal. It was apparent at the recent Business Travel Show that the demand for travel insurance and risk management is becoming a more critical branch of the travel management tree.
Risk management for corporate travel has to cover a wider range of issues than ever before. With a multitude of issues presenting themselves across the world, organisations need to be prepared to tackle any eventuality. Reputational risk is a danger to just about any business, and something execs will be keenly sheraton crystal city hotel aware of.
The global travel news provider TNooz published some advice for corporate travel in which they quoted representatives from corporate services group HRG as saying that "corporates will increase their risk management capabilities in response to increased travel to emerging markets .
Agreed, but at the same time not all catastrophes happen in emerging markets, The 2004 Madrid bombings and the 2013/14 UK flooding sheraton crystal city hotel disasters, for example. Surely in this day in age the risks in global travel are apparent in all markets.
There are a number of factors that organisations that purchase travel services need to consider, many of which have been bypassed previously. The need for a co-ordinated response to any incidents including communication between insurance company, corporate firm, employee and their family, is one. At the Business Travel Show one travel insurance company told me that there is a need for a holistic view on a corporate travel trip with planned co-ordinated responses to any situation. More so than ever training is required for travelling employees along with pre-trip travel advice as part of risk planning.
When talking to many suppliers at the show, what became the consistent sheraton crystal city hotel message was the fact that all travel brings risk, but not all organisations are set up to manage that. It is the process an organisation goes through in planning and mitigating risks where possible. PwC were quoted at the show saying "It s very important we are seen to be doing the right thing, so we recruit the right people and maintain relationships with customers and our supply base" by Will Hasler, sheraton crystal city hotel their business travel manager. I for one hope it isn t the case of making sheraton crystal city hotel these steps just to be seen to be doing the right thing, but actually because it is necessary to protect the welfare of any employees partaking in corporate travel and the organisation.
The protection insurance provider Chubb issued travel advice explaining that "Terrorism sheraton crystal city hotel and other criminal activities are facts of life in our increasingly global economy." That s without touching on natural disasters. The demand for corporate travel insurance has gone up by a third following more recent sheraton crystal city hotel incidents and that alone should get the attention of travel buyers, wherever they are.
Karen Moorhouse is Procurement Analyst for Procurement Leaders. With a focus on indirect category intelligence, she draws on 3 years public sector procurement experience focusing on HR and corporate sheraton crystal city hotel categories.
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