11 January 2007

TT Club, the specialist transport insurance provider, has further strengthened its loss prevention team through the appointment of Laurence Jones to the new position of Manager Risk Assessment. Based in Sydney, Australia, Mr Jones will work to a global remit, working with TT Club offices and client sites worldwide to manage third-party risk assessment surveys and work with members to identify areas where risk profiles can be improved. He will also provide advice and support in underwriting decisions and claims assessment.

Mr Jones, a qualified engineer with extensive engineering and operational experience in the global ports and terminals industry, joins TT Club from P&O Ports, where most recently he was General Manager, Global Engineering and Asset Management. In addition to his eight years in the container terminal industry, he also has 15 years' experience in bulk materials terminals gained with BHP Billiton.

The TT Club already maintains a structured programme of risk assessment surveys for all port and terminal facilities that it insures, in order to validate its underwriting assessments and identify areas where the risk may be improved, both operationally and in terms of the insurance. Peregrine Storrs-Fox, TT Club's Risk Management Director, commented: "Laurence's breadth of ports and terminals experience will be a great asset to our membership and within the Club itself. We are delighted to have attracted such a high-calibre individual to enhance our service capability to this important segment of the Club's business."

TT Club is well known in the industry for its proactive approach to risk assessment and loss prevention. As a mutual insurer it champions the belief that "prevention is better than cure" and runs many workshops for both members and, occasionally, non-members on a wide range of subjects to inform, educate and share good practice. Recent loss prevention work in the ports and terminals sector has included production of an authoritative guide to minimizing the risk of damage from windstorms and the staging of seminars at key locations in five continents highlighting the risks in relation to packaged dangerous goods.

ENDS

Note 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 benefits that include specialist underwriting expertise, a world-wide office network providing claims management services, and first class risk management and loss prevention advice.

Photo Note:

A high resolution digital image of Laurence Jones is available from the ISIS Communications Press Room at

www.isiscomms.com>For further information please contact:

Ian Lush, Marketing Director, TT Club

Tel: +44 (0) 20 7204 2642

E-mail:

ian.lush@thomasmiller.comwww.ttclub.comMedia contact:

Peter Owen, ISIS Communications

Tel: +44 (0) 1737 248300

E-mail:

info@isiscomms.comwww.isiscomms.comA full archive of all TT Club news releases and photographs is available from the ISIS Communications Press Room at www.isiscomms.com