TT Club Strengthens its Commitment to the Middle East Market
Julien Horn, having already been TT's underwriter dedicated to the Middle East for some six years now, will relocate to Dubai on secondment to Through Transport Mutual Services (Gulf), the Club's long established joint venture Network Partner. Horn will be supporting the local claims team headed by Brian Reckerman.
The Middle East has long been a strong market for TT Club. The region has enjoyed substantial trade growth and it has a significant role as a key transport and logistics hub for global trade. US$7.5 billion was spent in the region on logistics services in 2011 and forecasts put this total at over US$10 billion annually by 2015*. With this sort of growth, freight transport and logistics service providers in the Middle East represent a significant opportunity. This move re-emphasises the Club's established position in providing insurance solutions and unparalleled support for its membership and regional insurance brokers.
Falling within the EMEA region headquartered in London, Regional Director Andrew Kemp is responsible for the move. "Julien's increased presence and time spent on the ground will enable the Club to strengthen support of its membership. He will work closely with both London and local brokers as the Club looks to grow in the Middle East, re-enforcing its desire to provide comprehensive cover and service at competitive pricing levels. In particular, Julien will aim to drive forward a number of local initiatives the Club has to promote transport insurance and risk management," emphasises Kemp.
Horn has worked for the Thomas Miller Group (managers of TT Club) in London since 2003, focusing in recent years on the Middle East and surrounding areas. He is a Fellow of the Chartered Institute of Insurance and Member of the Honourable Company of Master Mariners. He has travelled extensively in the region and now relishes the opportunity to be based at its heart in Dubai. "In addition to serving the Club's current membership, I am keen to show regional brokers how they also can benefit from TT's experience. The Club's expertise in the management of liability risk and its understanding of transport operators' possible levels of exposure, coupled with its established international network of correspondents, which like TTMS (Gulf)in Dubai handles claims 'on the ground', is unique," claims Horn.
*Forecasts provided by international economic consultancy Frost & Sullivanwww.frost.com
About TT Club:
The TT Club is the international transport and logistics industry's leading provider of insurance and related risk management services. As a mutual insurer, the TT Club exists to provide its policyholders with benefits, which include specialist underwriting expertise, a world-wide office network providing claims management services, and first class risk management and loss prevention advice.
Customers include some of the world's largest shipping lines, busiest ports, biggest freight forwarders and cargo handling terminals, to companies operating on a smaller scale but whose operations face similar risks. TT Club specialises in the insurance of Intermodal Operators, NVOCs, Freight Forwarders, Logistics Operators, Marine Terminals, Stevedores, Port Authorities and Ship Operators.www.ttclub.com
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