CAUSE FOR ALARM?


With Europe becoming embroiled in rows over border controls, high-profile terrorist attacks and global medical crises, a robust risk management policy is more important than ever


EVEN A SUPERFICIAL SCAN OF THE HEADLINES THESE DAYS BRINGS FRESH REMINDERS OF RISK, whether it’s shocking terror attacks, fresh border controls across Europe, the Zika virus in the Americas or yet more global economic turmoil.


2016 looks set to be one of the riskiest


years ever. When companies ban trips to Istanbul or Paris, or there are questions over corporate hospitality tickets for the Rio Olympics due to the Zika virus, you realise we’re in a new era of responsible travel management. “People are calling for information on destinations they wouldn’t necessarily have called about previously,” says Rob Walker, head of travel security information at security assistance company, International SOS. In the aftermath of two sets of French attacks and bombings in Istanbul, corpora- tions have began reviewing their security measures for travel to supposedly safer, developed-world destinations, which in- cludes organising contingency planning and duty-of-care measures. “We now think this year is a riskier


year for travel,” states Nick Doyle, head of security risk management at security con- sultants, Kroll. “We are seeing an increase in companies wanting more risk assessments for locations they are sending employees.” Yet the C-suite decision-makers know full well that in a perilous, yet globalised economy, it’s impossible to gain a business advantage if you’re too risk-averse. The fact is, the jewels of economic growth are still gleaming in some of the more troublesome, frontier destinations. “It is true to say that within the high-risk


travel sector that we primarily operate in, bookings for business travel are certainly more robust,” explains Max Hess, intel- ligence analyst at risk mitigation firm Ake. Advantage Travel Partnership corporate


director Ken McLeod believes business travel is “most resistant” to travel risk, rather than economic and investment risks. “The executive will go to where the business


86 BBT MARCH/APRIL 2016 BUYINGBUSINESSTRAVEL.COM


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