Breaking into travel risk management is no easy task. One startup whose leaders spoke at the 2016 Global Business Travel Association convention pivoted away from TRM. Some are focusing on one TRM component and partnering for others. It's an active sector, with a few providers now targeting the small and medium enterprise market for the first time.

Heavyweight iJet International this year and last made three acquisitions. In May 2016 it bought the WorldAware brand and book of business from Aon. Later in 2016, iJet acquired the U.K.'s red24. This month it announced the purchase of Prescient . . .

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