Travel Risk Assessments & Travel Plans by State2 Security

What is Travel Risk Management

Travel risk management (TRM) is a structured process for identifying, assessing, and mitigating potential risks to travellers, such as health crises, natural disasters, and political instability. 

A robust TRM program provides travel approval and sign off,  pre-trip advice, real-time alerts, and emergency support to ensure employee safety, protect the organisation's reputation and assets, and maintain business continuity. 

Key components include developing policies, training employees, leveraging technology for monitoring, and implementing crisis plans to address unforeseen events effectively. 

Benefits of Effective Travel Risk Management

Enhanced Traveller Safety:

Proactive measures to prevent incidents and better care during unforeseen events. 

Business Continuity:

Minimising disruptions to operations and maintaining productivity. 

Reduced Costs:

Avoiding incidents, mitigating the impact of crises, and potentially identifying cost-saving opportunities. 

Improved Reputation:

Demonstrating a commitment to employee well-being and responsible global operations. 

Strengthened Governance:

Clear policies and procedures build trust with employees, regulators, and stakeholders.