Case Study: FirstComp Insurance achieves 50% travel-spend reduction and nearly $1M annual savings with AmTrav

How an Insurance Provider Added a Managed Travel Program and Saved Close to $1M in Wasteful Annual Spend

FirstComp, Markel Corporation’s small-business insurance arm serving over 8,000 independent agent partners, was spending an “insanely crazy” amount on unmanaged business travel with no ROI requirement, no spend controls and limited duty of care. With frequent client visits, conference attendance and cross-country office travel, FirstComp needed a budget-conscious program that preserved in-person relationships while minimizing spend and keeping employees safe.

AmTrav built a managed travel program centered on a single coordinator, standardized approvals, clear spend controls and easy reporting — plus 24/7 in-house support and strengthened duty-of-care processes. The result: roughly $1M in wasteful annual spend eliminated, travel costs cut by 50% while total business trips increased, and faster, more responsive service and risk mitigation through a true partnership.

FirstComp Insurance