2 May 2002

Transport industry insurance specialist the TT Club has appointed Thomas Keller as Director, to drive the Club's business development in Germany, Switzerland and Austria. Based at the Club's London headquarters, Mr Keller leads a specialist team servicing TT Club's substantial existing customer base and developing new business opportunities in the German-speaking countries.

Mr Keller, 32, rejoins the TT Club following a five-year spell as Vice President at Nacora Holding AG, the insurance broking subsidiary of Kuehne & Nagel Management AG, at its headquarters in Switzerland. He previously worked with the transport insurance mutual as an underwriter for three years from 1994 to 1997.

"I have always firmly believed that it is only possible to achieve success in this highly complex and specialised market by fully understanding the particular transport market and its needs," commented Mr Keller. "TT Club, as the market leader in transportation insurance, is fully engaged with the German-speaking region, has a clear understanding of its requirements and is well equipped to develop further growth in the area."

Mr Keller highlighted the different liability limits and conditions enshrined in Germany's unique ADSP freight forwarding conditions as an example of the specialised knowledge required to successfully write business in the country.

"But, of course, that is only one area where we will be better able to meet our members' needs," he added. "Our portfolio also includes proven products for our other business sectors such as ship operators, cargo terminals, ports and logistics operators - all areas where we can build on solid products and market knowledge."

TT Club works with regional correspondents in Hamburg - Pandi Services - and the Basel-based Global Transport Consultants.

ENDSNote to editors:

The TT Club is the international transport and logistics industry's leading provider of insurance and related risk management services. Established in 1968, the Club's membership comprises ship operators, ports and terminals, road, rail and airfreight operators, logistics companies and container lessors. As a mutual insurer, the Club exists to provide its policyholders with industry-leading benefits, which include specialist underwriting expertise, a world-wide office network providing claims management services, and first class risk management and loss prevention advice.

Photo Caption:

Mr Thomas Keller, TT Club Director for business development in Germany, Switzerland and Austria.

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