At Olive Travel, we specialize in business travel risk management, helping corporations mitigate threats while keeping trips efficient and cost-effective. In this guide, we’ll explore:
✅ What is Travel Risk Management?
✅ Why Corporations Need a Proactive TRM Strategy
✅ Key Risks in Business Travel
✅ Olive Travel’s Solutions for Safe Corporate Travel

Let’s dive in!

What Is Travel Risk Management (TRM)?

Travel Risk Management (TRM) is a structured approach to identifying, assessing, and mitigating risks associated with corporate travel. It includes:
• Pre-trip risk assessments
• Real-time travel monitoring
• Emergency response plans
• Employee safety training
• Compliance with duty of care laws
A strong TRM program ensures that employees remain safe while traveling, reducing legal liabilities and business disruptions.

Why Corporations Need a Proactive Travel Risk Strategy

Ignoring travel risks can lead to:
1. Employee safety incidents (medical emergencies, accidents, crime)
2. Legal & compliance violations (failing duty of care obligations)
3. Operational disruptions (flight cancellations, natural disasters)
4. Reputational damage (negative PR from travel-related incidents)
Companies with strong TRM programs experience:
✔ Fewer travel-related incidents
✔ Lower insurance and legal costs
✔ Higher employee confidence in business travel
✔ Better compliance with international regulations

Key Risks in Corporate Travel (And How to Mitigate Them)

1. Health & Medical Emergencies
• Risks: Pandemics, food-borne illnesses, lack of medical access
• Solutions:
◦ Pre-trip health advisories
◦ 24/7 medical assistance partnerships
◦ Vaccination & wellness checks
2. Geopolitical & Security Threats
• Risks: Civil unrest, terrorism, kidnapping
• Solutions:
◦ Real-time threat alerts
◦ Secure transportation options
◦ Evacuation planning
3. Transportation & Logistics Disruptions
• Risks: Flight delays, lost luggage, strikes
• Solutions:
◦ Contingency travel plans
◦ Preferred airline & hotel partnerships
◦ GPS tracking for ground transport
4. Cybersecurity Risks
• Risks: Data breaches, unsecured Wi-Fi, corporate espionage
• Solutions:
◦ VPN & secure device policies
◦ Cybersecurity training for travelers
◦ Encrypted communication tools
5. Natural Disasters & Climate Risks
• Risks: Hurricanes, earthquakes, extreme weather
• Solutions:
◦ Weather monitoring tools
◦ Flexible booking policies
◦ Emergency shelter partnerships

Olive Travel’s Business Travel Risk Management Solutions

At Olive Travel, we go beyond standard travel booking—we protect your employees and business with:
🔹 Pre-Trip Risk Assessments
• Destination-specific safety reports
• Customized travel advisories
🔹 Real-Time Travel Monitoring & Alerts
• AI-driven threat detection
• Instant SMS/email alerts for emergencies
🔹 Emergency Response & Evacuation Plans
• 24/7 global assistance hotline
• Coordination with local authorities
🔹 Employee Safety Training
• Crisis preparedness workshops
• Cultural & security briefings
🔹 Compliance with Duty of Care Laws
• Documentation & reporting for legal protection
• Audit-ready travel risk policies

Secure Your Corporate Travel with Olive Travel

Corporate travel doesn’t have to be risky—with the right Travel Risk Management (TRM) strategy, businesses can ensure employee safety, compliance, and uninterrupted operations.
Olive Travel provides end-to-end business travel risk management, combining cutting-edge technology with expert support.
Contact us today to build a safer, smarter corporate travel program!