Majority of Companies Provide Insurance And Assistance To Traveling Employees
A majority of travel professionals report their company provides both travel insurance and other medical and emergency assistance services to their business travelers.
According to the study, released by the Global Business Travel Association, 53% of companies offer both travel insurance and assistance, with 95% of them feeling that providing insurance or assistance services is valuable for international trips.
Additionally, 85% of travel professionals report their companies offer travel advisories, including travel health advisories (82%). Another 41% offer risk management training, while only 26% offer GPS tracking of travelers. Medical evacuation assistance was considered very important by 88% of the respondents, while security evacuation services were very important to 86% of travel professionals.
The study was conducted by the GBTA Foundation and AIG Travel, which offers travel insurance and global assistance services. The online survey reached 167 travel managers in North America, and was fielded from March 22 to April 1, 2016.
