Freight and logistics insurer the TT Club has launched an online service providing cargo cover for freight forwarders and logistics operators globally.
It has been trialling of the system, known as TT Club Forwarders, over the past twelve months.
Graham Hooper, the TT Club’s senior underwriter, said: “Freight forwarders and other intermediaries must often react quickly to the demands of their customers. These involve moves of diverse commodities in differing volumes via varied modes across all geographies. The complex and unpredictable nature of these demands has in the past often made securing comprehensive insurance cover difficult.
“In designing TT Club Forwarders we have been very much aware of the need to simplify the process of accepting a given risk in these circumstances.”
TT Club Forwarders allows brokers to apply on behalf of their client for access to the system and once registration has been completed the forwarder will have the ability to request cover for a specific move online. TT Club encourages those interested to apply for access to the system via their insurance broker.
Following completion of the registration process the forwarder has access to instant cargo insurance quotes, attachment of cover and document production. The system is also supported by an integrated accounts package and a worldwide claims service.