TT to UKNV Transfer - Sealed Sanction Order

In May 2021, TT Club Mutual Insurance Limited ('TTI') and UK P&I Club NV ('UKNV') applied to the High Court of Justice of England and Wales pursuant to section 107(1) of the Financial Services and Markets Act 2000 ('FSMA').

During the sanction hearing on 2 December 2021 the Court made the Order and this can be downloaded below. 

For more information relating to the transfer, please visit the Club's dedicated page outlining the Club's post-Brexit service commitment now that the UK has left the EU. 

Downloads

  • CR-2020-003995 - Sealed Sanction Order 256 KB

    02/12/2021

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Staff Author

TT Club

Date02/12/2021

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No. CR-2018-003733

Security is key for container terminals and ports generally. The threat horizon is vast, incorporating cargo theft, illicit trades, alongside operational safety and the prevention of terrorist attacks. Inevitably, account is needed of both land and water interfaces.

Technological advances in digitalisation of process, telematics and smart containers provide opportunities to mitigate risk for the temperature controlled supply chain. However, much still relies on human intervention – and that is the aspect that TT’s claims experience suggests continues to produce losses.

NOTICE IS HEREBY GIVEN that on 27 May 2021 TT Club Mutual Insurance Limited ('TTI') and UK P&I Club NV ('UKNV') applied to the High Court of Justice of England and Wales pursuant to section 107(1) of the Financial Services and Markets Act 2000 ('FSMA') for: