TT Club Appoints Lewin as COO

August 12, 2002

TT Club, the transport and logistics industry's provider of insurance and related risk management services has appointed Colin Lewin as Chief Operating Officer, effective October 1, 2002. Lewin, currently Asia Pacific regional manager for TT Club, will take over the operational management of underwriting and claims in order to leave CEO Paul Neagle free to manage the strategic development of the business following its extensive planning initiative last year with Ernst and Young. Lewin has been involved in the insurance and transport industry for more than 20 years, joining TT managers Thomas Miller in 1986 after six years in various operational roles in the transport sector. He returns to London after a period of over eight years building and running TT's Asia Pacific business based in Hong Kong. Lewin commented, " TT has grown at an average rate of 10 percent per annum for the last twenty years with net premiums rising from $15 million in 1980 to $105 million in 2001. This is an enviable record but we recognize that future growth must be coupled with strict underwriting and claims handling disciplines that reflect market trends. The radical change in market conditions over the past year present us with an unparalleled opportunity to capitalize on the Club's core values that center around excellent service, reliability, professionalism and integrity." Succeeding Lewin as TT's Director in Asia-Pacific is Andreas Mueller. As a qualified shipbroker, Mueller has worked extensively in the maritime industry in Europe, Africa and the Middle East. He joined Thomas Miller and Co., in 1987 as an underwriter for the TT Club. Working in the Korean and Taiwanese markets Mueller has helped build the market from just three members to its present level, constituting 25 percent of the Club's Asia-Pacific membership.

TT Club Appoints Lewin as COO

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