2021 U.S.-Booked Air Volume: $3.1 million
2021 U.S. T&E: $7.6 million
Primary U.S. Payment Supplier: US Bank
Primary U.S. Expense Supplier: Concur
Primary Global Travel Risk Management Supplier: ISOS
Consolidated Global TMC: BCD
U.S.-booked air spending at insurance giant Liberty Mutual
in 2021 declined by nearly 47 percent year over year. Though such spending in
2022 has increased notably, full-year U.S.-booked air spending should be about
40 percent of what it was in 2019.
Liberty Mutual in 2021 revised its travel policy to permit
travel only when necessary. The company made two other changes to travel policy
that have been continued in 2022. First, the company now approves nonstop
flights regardless of cost. Additionally, Liberty Mutual will allow membership
in expedited airport security program Clear for any employee.
The company in 2022 is taking steps to further consolidate
its global travel program. While its U.S. travel management services are fully
consolidated with BCD Travel, only about 10 percent are consolidated with BCD
in other part of the world. Still, about 97 percent of Liberty Mutual’s 2021
U.S.-booked air spending was for domestic travel.