TT Club

BIFA and TT Club provide advices on container shipping safety

The British International Freight Association (BIFA) used the latest episode in its 2024 webinar series to provide crucial advice on safety in container shipping.

The keynote speaker, Mike Yarwood, managing director of loss prevention at TT Club—a global leader in insurance and risk management services for the international transport and logistics industry—was joined by Robert Windsor, BIFA’s member policy & compliance director.

Windsor provides advice and information on maritime, road, and...

https://container-news.com/bifa-and-tt-club-provide-advices-on-container-shipping-safety/

TT Club urges better inventory management to cut supply chain risks

TT Club, a specialist liability insurance provider for the international freight and logistics industry, emphasizes that focusing on often overlooked aspects of supply chain operations can significantly mitigate risks in the processes.

Effective control of systemic stockholding, order flow, and other inventory management processes is essential, according to TT Club. Analyzing past claims related to cargo theft in warehousing and distribution, TT Club has found that risks to goods increase in...

https://container-news.com/tt-club-urges-better-inventory-management-to-cut-supply-chain-risks/

TT Club’s Global Risk Assessment Director Laurence Jones retires after 52-year career

After an illustrious career spanning over five decades, with the last 18 years dedicated to serving as the Global Risk Assessment director at TT Club, Laurence Jones has announced his retirement plans for 2024.

During his tenure at TT Club, headquartered in Sydney, Australia, Laurence has been a steadfast advocate for safety within the port and terminal sector. His commitment has significantly contributed to enhancing safety measures not only for TT’s membership but also for the broader industry.

https://container-news.com/tt-clubs-global-risk-assessment-director-laurence-jones-retires-after-52-year-career/

TT Club announces new regional general manager in Americas

Global freight and logistics insurance provider TT Club has announced a significant shift in the leadership of its New Jersey office.

Leo Kirchner will retire at the end of June 2024 after 29 years at Thomas Miller, TT’s management company. In January 2024, a period of leadership change will begin, with Leo Kirchner continuing to support Thomas Miller Americas for another two years.

Graeme Sassarini will take over the role of TT’s Regional General Manager – Americas from 1 January 2024. With a...

https://container-news.com/tt-club-announces-new-regional-general-manager-in-americas/

TT Talk: Asset Management – A Case for Drones

Credits: Financial Mirror/Unsplash

Ports, terminals and similar facilities use a wide range of handling equipment assets to serve the global supply chain in the movement and storage of cargo. Given the nature of the operations, these assets regularly see significant wear and tear over their service life. Therefore, to ensure safe and efficient operations, managers must be able to make informed decisions based on the condition of their assets.

An asset manager needs to build knowledge of asset...

https://mfame.guru/tt-talk-asset-management-a-case-for-drones/

TT Club publishes new paper “Risk Byte: Good neighbour agreements”

TT Club, a worldwide freight transport and cargo handling insurer, applauds equipment-sharing agreements as an effective use of resources but warns of possible liability risks if appropriate insurance cover is not in place. The first of TT’s new ‘Risk Bytes’ series of advice documents provides guidance.

The benefits of good neighbour agreements are generally recognized and successfully used by freight handling companies and others in the supply chain. Sharing infrequently used equipment allows...

https://container-news.com/tt-club-publishes-new-paper-risk-byte-good-neighbour-agreements/

TT Club’s ‘Risk Byte’ Unpacks Good Neighbour Agreements

Credits: Nathan Cima/Unsplash

In an ever-evolving world of international freight and cargo handling, efficient resource sharing has become a linchpin for cost savings and operational flexibility. However, as the advantages of Good Neighbour Agreements become apparent, so do the liabilities. TT Club’s ‘Risk Byte’ series begins with a spotlight on the benefits and potential pitfalls of these agreements, shedding light on how to navigate the fine line between innovation and risk mitigation, as...

https://mfame.guru/tt-clubs-risk-byte-unpacks-good-neighbour-agreements/

TT Club appoints new regional general manager for Asia-Pacific

Kamel Tlili is the new regional general manager in the Asia-Pacific region for international freight and logistics insurer, TT Club.

Tlili joins TT after a six years leading British Marine’s P&I Underwriting Division in Asia at QBE. During this time, he focused on the strategic development and diversification of the portfolio and was pivotal in the transformation of British Marine’s presence within Asia.

Also, he has previously spent a total of 14 years at TT’s sister mutual, UK P&I both as an...

https://container-news.com/tt-club-appoints-new-regional-general-manager-for-asia-pacific/

Fire not the only danger with lithium-ion batteries: TT Club

TT Club, the specialist international freight insurance provider, is seeking greater emphasis on the critical dangers of toxic gas emissions associated with lithium-ion battery fires. The failure of such batteries has the potential to occur with no prior warning, or with such speed that there is typically no time to react to any warning signs.

Devastating consequences of rapidly spreading, and often challenging to extinguish fires involving the batteries particularly in electric vehicles (EVs)...

https://container-news.com/fire-not-the-only-danger-with-lithium-ion-batteries-tt-club/

TT Club announces new chairman and directors

ΤΤ Club, provider of insurance and related risk management services to the international transport and logistics industry, has announced that Morten Engelstoft will be chairman of both Through Transport Mutual Insurance Association Limited (Bermuda) (TTB) and TT Club Mutual Insurance Limited (UK) (TTI) after the retirement of the current president Ulrich Kranich.

Ulrich Kranich retires from his position as director and chairman of the Club after 16 years.

Engelstoft spent 36 years in various...

https://container-news.com/tt-club-announces-new-chairman-and-directors/

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