As a mutual organisation TT Club’s Board, Through Transport Mutual Insurance Association Limited (Bermuda), abbreviated to TTB is made up of representatives of those it insures. The three new non-executive Board Members announced at the TTB’s meeting in Rome this week represent the broad spectrum from freight, logistics, cargo handling and intermodal container operators from around the world. Nosiphesihle Mbongwa is based in Durban, South Africa and has been CFO of Bidvest Freight for the last … [Read more...] about TT Club announces incoming non-executive Board Member appointments
TT Club
Report shows hot spots for cargo theft in Asia
India, Indonesia, China, and Bangladesh topped the list of hot spots for cargo theft incidents, according to the latest Cargo Theft Report 2021 by supply chain intelligence firm BSI and insurer TT Club. The report, which highlighted the relative shift in the location of thefts, found that in-transit incidents and those involving vehicles are still the dominant threat globally although the proportion of incidents declined from 87 percent in 2019 to 71 percent in 2020. Meanwhile, theft from … [Read more...] about Report shows hot spots for cargo theft in Asia
TT Club publishes workplace guidance to help UK ports through the coronavirus pandemic
As businesses across the UK strive to regain levels of activity with the easing of restrictions, it is imperative to maintain the safety and well-being of all workers and more important than ever for employers to understand the unusual risks that they and their workforce face under unique circumstances. TT Club, a leading international insurance provider specialising in the cargo handling sector and an Associate Member of the British Ports Association (BPA) has prepared a short paper for UK … [Read more...] about TT Club publishes workplace guidance to help UK ports through the coronavirus pandemic
TT Club continues guidance to the freight industry amid COVID-19 crisis
Over the coming weeks there will be considerable uncertainty for stakeholders through the entire transport industry as the global economy slows, governments prioritise specific supplies, consumer spending decreases and personnel shortages become more prevalent. However, the need for the supply chain of essentials – foodstuffs, pharmaceuticals and medical equipment – to remain robust and efficient will be more critical than ever. The demand to maintain reliability, and continued flexibility of … [Read more...] about TT Club continues guidance to the freight industry amid COVID-19 crisis
TT Club advises transport operators regarding the Coronavirus situation
The ongoing disruption to freight transport services and global supply chains resulting from the coronavirus are significant and will continue to evolve on a daily basis. In addition to the heightening challenges transport operators are facing in moving their customers goods to and from China, insurance provider, TT Club is advising on the potential unforeseen exposures that may also accrue. In a briefing compiled with the assistance of specialist international lawyers, HFW, the … [Read more...] about TT Club advises transport operators regarding the Coronavirus situation
TT Club appoints network partner in Qingdao, China
Fundamental to the mutual insurer’s service is its global reach. Therefore to have the first Network Partner established in China, to complement the existing Shanghai corporate office, is an important landmark for the Club. Allowing TT Club Members, its insured, to access a unique network of freight transport experts across the globe, Network Partners provide claims assistance, loss prevention and risk management advice to container lines, freight forwarders and other supply chain operators … [Read more...] about TT Club appoints network partner in Qingdao, China
