Loss Prevention a year in focus 2022
This “Year in focus” brochure takes a look back over the last 12 months at some of the key topics TT has covered, the events that TT has hosted and participated in and highlights key relations maintained, the initiatives delivered and broader achievements.
Please join us as we look back at a year with loss prevention in focus.
This past year, the transport industry has once again been greatly affected by global events: Russia’s war against Ukraine, spiking inflation, cost of living crisis and the ongoing effects of pandemic. The impact of these events on the global supply chain has been painfully obvious with shortages and delays, higher prices for energy and food and long-term changes to the worldwide patterns of supply and demand. We are convinced that a thorough understanding of the practical risks is vital in mitigating the dangers to safety and security that are a consequence of these dynamic factors, and we have worked hard to ensure that guidance is readily available for TT’s membership.
As a mutual insurer solely focussed on the transport and logistics industry, we are in a unique position to be guided by our Member’s needs and to develop guidance in relation to their changing world and risk profile. We ensure that our Board is representative of the industry we serve, with the Board consisting of elected representatives from the Membership itself. In this way, we are connected to the industry and able to respond with agility to the issues it faces, something that has been evermore important through these trying times.
The Club’s mission is to make the global transport and logistic industry safer and more secure and therefore more sustainable and we believe that supporting resilient operations should be a big part of this. We guide our Members in conducting safe and secure operations even when external factors are unstable and disruptive. At TT, we believe that only safe and secure operations can be considered sustainable, and this idea guided our Board to incorporate the idea of sustainability into the Club’s mission.
It’s been another disruptive year, but another bumper year of industry-leading guidance, webinars, presentations and ensuring we’re at the table for the big discussions that affect our Members now and in years to come.