Access to travel risk intelligence may not seem like a priority right now for most organisations. Borders have been closed, flights grounded and meetings and events cancelled the world over. But the thought that travel risk intelligence has become unnecessary is wrong. While travel has mostly ground to a halt, travel risk intelligence is more vital than ever for organisations and their employees. Here’s why.
Why is travel risk intelligence important despite a travel halt?
In times of COVID-19, proper travel risk intelligence that provides local information on lockdowns, travel and service disruptions, and key medical developments ensures that your home-based workers stay safe, compliant, and up-to-date. For example, companies and their workers cannot afford to be caught off guard by the latest border restrictions or closures, which could increase operating costs. While most countries have closed their borders and cancelled most flights, it is important to know the in-country restrictions that authorities frequently implement and/or change without much – if any – advanced warning.
Organizations also need to stay on top of changes in local curfew or movement restrictions. They should adjust their business operations accordingly and ensure the safety and well-being of their remote employees. Additionally, organizations should make sure their remote employees remain compliant and maintain good mental and physical health. Travel risk intelligence can alert companies to disruptions in essential services, which can impact the productivity of remote workers. This pandemic has demonstrated that an organization’s duty of care to its employees is not secondary. It is now more important than ever! Providing a duty of care relies on accurate and detailed travel risk intelligence.
Why is quality travel risk intelligence important?
Quality travel risk intelligence will help bolster your organisation’s business continuity and resilience program. This is extremely vital to minimise the negative impact of this unfolding crisis. While the situation may seem dire now, with almost a million reported cases and 50,000 deaths globally as of 2 April, this will not last forever. Several weeks or months from now, restrictions will be progressively relaxed and companies allowed greater operational freedom, allowing travel to gradually resume. That forthcoming recovery will see organisations re-deploying their workers to offices or other off-site locations. Companies will need to move quickly and be ready with the right intelligence on fast-changing restrictions.
They will need to commit the right resources to the physical and mental health of their workers as they will be operating in an environment where the virus will remain a threat for some time to come. Without investing in proper travel risk intelligence on COVID-19-related restrictions, organisations risk being delayed and losing out on early opportunities to resume operations. Uncertainty is bad for business, and this period looks to be especially damaging for many organisations. Accurate and actionable travel risk intelligence can help minimise this uncertainty.
How can Riskline be your quality travel risk intelligence provider?
Riskline is well-equipped to provide your organisation with the latest travel risk intelligence related to COVID-19. We have a detailed Special Report on the pandemic available on our web portal that is updated daily. The report provides critical global as well as country-specific information on the extent of the pandemic. It is regularly updated with travel and movement restrictions as well as steps to take to mitigate the risk of infection. In addition, our team of analysts is working on a 24/7 basis to provide up-to-date alerts on any important developments. Our services will enable your organisation to be better prepared to face this global crisis and be ready for recovery.
Contact us today to learn more about how we can help you navigate the new COVID-19 world.
Read more on how Covid-19the outbreak has affected global travel and how Riskline can help.
