In a speech to be given at the TOC Container Supply Chain: Middle East Conference on 9th December, Andrew Kemp, Regional Director EMEA of the freight transport insurance specialist TT Club will warn of the additional liability that freight forwarders and other logistics operators are open to as a consequence of dynamic changes in global trade.
The TT Club is delighted to congratulate the Cargo Incident Notification System (CINS) on being presented with this year's Containerisation International Award for Corporate Social Responsibility at a ceremony in London yesterday.
In early October the UAE’s National Association of Forwarding and Logistics (NAFL) hosted a workshop for its members as part of its AGM proceedings. The group invited freight transport insurance specialist TT Club to present an overview of the risk profile that freight forwarders and logistics operators in the region are experiencing and the insurance cover available to mitigate such risk.
Speaking this week at the industry forum, ASEAN Ports and Shipping in Ho Chi Minh City, Vietnam, TT Club's Regional Director for Asia Pacific, Phillip Emmanuel, showed evidence that a very high percentage of the insurer's claims were due to some kind of operational error. The vast majority could have been avoided through good management practice. Emmanuel highlighted the main areas of concentrated risk and presented effective recommendations to minimise these incidents.
International transport insurance provider, TT Club, has sponsored the FIATA Young International Freight Forwarder of the Year Award since its beginnings in 1999. It continues to support the programme and it aims to identify, recognise and encourage young talent throughout the industry.