What trends or emerging technologies do you see significantly impacting your business in the coming years?

Our business is being influenced by several key trends and emerging technologies in the coming years:

Data analytics and artificial intelligence are transforming risk assessment and mitigation. Predictive analytics can help identify potential risks, while AI-powered chatbots and virtual assistants enhance support and communication during emergencies.

The rise of remote work and virtual meetings has reduced the need for some business travel, impacting the travel risk management landscape. Companies must adapt their policies and services accordingly and have an action plan for people working from home och shared office in the city.

The COVID-19 pandemic has highlighted the importance of health and pandemic risk management.

Climate-related risks, such as extreme weather events, affect more people than ever. Companies are incorporating climate risk assessments and sustainability considerations into their people risk management strategies.

Cybersecurity threats are a growing concern with increased reliance on digital platforms for travel booking and communication. Companies must prioritize cybersecurity measures to protect employees’ data.

Legal requirements around duty of care for employees are evolving. Companies need to ensure they comply with regulations related to people’s safety and security.

People risk management is becoming more personalized, with companies tailoring risk assessments and recommendations based on individual profiles and preferences.

Political, economic, and social instabilities in various regions are impacting risk. Companies need to stay informed about geopolitical developments and adjust plans accordingly.

Advanced communication platforms and mobile apps such as the Safetures platform enable real-time updates and notifications to employees, enhancing their ability to respond to changing circumstances.