TT Club Taps Blunsum as Chief Technology Officer
Freight and logistics insurer TT Club said it has appointed Kevin Blunsum as its first Chief Technology Officer.Blunsum is a highly experienced and well-respected member of the London-market insurance community. Over his 30-year career he has held a variety of positions engaged in insurance technology development and change management with Deloitte, EY, Accenture, and more recently with Aspen Insurance as Director of Business Transformation.Blunsum will be working closely with Lisa Gibbard…
TT Club Shows Strong YTD Performance
The TT Club, an international transport and logistics insurance provider, released a trading update for the period 1 January - 31 August 2014. Charles Fenton, Chief Executive of the TT Club, said: “Low claim levels have continued through from 2013 which have contributed to TT Club’s strong financial performance in the year to date. We have obtained a mid-year combined ratio which is below 100% and slightly below the Board’s requirement. This is a very healthy place to be. “The current soft market conditions we are seeing have negatively impacted premium levels but this has been offset by good growth in Member reported volumes and also by net new business.
TT Club Welcomes London Gateway’s First Scheduled Vessel
With the arrival of MOL Caledon, DP World’s London Gateway received its first scheduled ship call last week. Specialist freight transport and cargo handling insurer, TT Club provides the liability cover for the U.K.’s newest container terminal. The sheer enormity of the operation at London Gateway is underlined by the vital statistics it will boast when it is completed – 2,700 meters of quayside, 24 gantry cranes (each weighing more than 1,800 metric tons and standing higher than the London Eye), the largest logistics park in Europe, with planning permission for individual warehouses of up to one million square feet and newly built road and rail access.
Following the Path of the Transport Revolution
TT Club, established to fill a gap in insurance as the freight container revolutionized trade, celebrates 45 years dedicated service to the transport and logistics sector. In 1956, the first strengthened containers were loaded onto a spar deck of the converted tanker, Ideal X. This marked the fulfilment of a dream for American trucker Malcom McLean who had, since 1937, been working on how to reduce the long waiting hours for dockers to stow or unload his vehicles onto or off ships. The container age was quietly born.
