After losing a significant amount of money due to internal fraud and poor corporate governance, owner of travel agency, First Travel, Andree Venter, and gm Leon Malan, saw an opportunity to introduce professional risk management services to the travel industry, and launched Etna Risk Advisories.
Many travel companies, particularly SMEs, cannot necessarily afford to incur the costs linked to implementing traditional risk management systems, says Doné Joubert, ceo of the company. Based on this, Etna Risk Advisories has developed an online ‘plug and play’ risk management system available to travel and tourism businesses for a monthly fee.
Read the full story in TNW April 30.