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Travel Management: Risk Management

Risk Management for Business Travel
A: General
B. Who is Responsible For Travel Risk Management?
C. A successful Travel Risk Management Program
D. Special Needs Travellers
E. Allergies
F. Assess Travel Risk
G. Traveller Tracking
1. Accommodation
Factors to be considered: 1.1 Location
1.2 Safety
1.3 Security
1.4 Financial viability
1.5 Travellers’ Special Needs
1.6 Cost / rates
2. Car Rental
2.1 Damages
2.2 Car Rental Bookings
2.3 Car Rental Waivers
3. Transfers / Shuttles
4. Air Travel
4.1 Cash payments
4.2 Electronic payments
4.3 Card Payments
4.4 Deportation
4.5 Passports
4.5.1 Official/ Diplomatic Passports
4.6 Stranded Travellers
5. Foreign Exchange
6. Visas
7. Travel Trip Approvals
8. Traveller / Booker Complicity
9. Finance Team
10. Procurement Team
11. Group Travel
12. Conference / Events
13. Travel Insurance
13.1 Pre-Existing Condition
13.2 High-Risk Activities / Extreme Sports
13.3 Prescribed Medications
13.4 Prophylactics
13.5 Repatriation of Human Remains
13.6 Data
13.7 Ascertaining Values Within the Travel Insurance Policy
14. Data and Device Security
15. Cultural Understanding and Etiquette

4. Air Travel

Travel Management: Risk Management
By: Merrill Isherwood
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Air travel globally for all commercial airlines is governed by IATA, the International air travel association. 

Regulations are stringent and it is preferable not to book travelers on non-IATA airlines as the IATA accreditation does afford a certain amount of protection to the TMC in the event of an airline being liquidated or for liability reasons.

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