Risk Management + COVID-19 Vaccines + Business Travel + Geopolitics + Duty of Care

Since spring, COVID-19 has overwhelmed businesses of every kind around the world and taken a stranglehold over the travel industry, causing mass restrictions and disruptions. Leisure travel was halted, as were the majority of business trips. However, we are now seeing a cautious reopening of travel, in conjunction with workaround strategies such as "travel corridors" and PCR testing in some locations to safely side-step border restrictions and quarantine periods.

While there may be questions surrounding its future, the gradual resumption of business travel is forthcoming, and for some organisations, it’s already here. Now is the time for companies to reevaluate their strategy for managing business travel risks.

Here are seven key factors for businesses to address, answering crucial questions to evaluate the best way to mitigate risk now and in the future:

Heightened Focus on Employer Duty of Care Ahead of Business Travel Revival

November 2, 2020 via Insurance Business

Over the past 10 months, there has been a fundamental reduction, if not temporary elimination, of business travel exposure. While the short-term COVID-19 situation remains very fluid and uncertain, historic pandemics suggest that things will eventually return to normal, and, when they do, business travel will pick back up again. Most forecasts are pushing this "return" well into 2021 and 2022, but it’s never too soon for companies to start planning and thinking about how they can best protect their employees in a post-COVID world.