White Paper: Risk Intelligence & Travel Risk Management

White Paper: Risk Intelligence & Travel Risk Management

Business travel, regardless of destination or means of transportation, is an inherently risky undertaking. New, technology-based approaches to travel risk intelligence and communications are changing the risk management equation.

These data-driven approaches are shifting the focus away from incident response and instead toward surfacing actionable insights that can prevent travelers from being caught in dangerous or emergency situations. Over time, analytics based on crowdsourced travel risk reporting can help organizations better understand their enterprise travel risks and become more proactive in the development and management of policies, procedures, and pre-trip planning.

This white paper by the risk management experts at Vector LiveSafe details how technology can lower the likelihood of critical incidents and claims for both the headquarters and the traveling workforce, effectively improving employee safety and lowering an organization’s risk profile in the eyes of insurers.

Note: This white paper was originally released in July 2019 but was updated in August 2021 to better reflect current travel risks and best practices. This download form leads to the updated white paper.

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