TT Club, the global transport and logistics insurer, has announced the launch of TTXS, a new facility designed to provide Members with access to higher policy limits across key liability and property covers.
The launch directly responds to Member and broker feedback gathered through TT Club’s latest Customer Satisfaction Survey and ongoing market engagement. Some Members have called for higher limits –particularly for property and third-party liability – without sacrificing the Club’s hallmark cover, practicality and mutual approach.
Andrew Peers, Underwriting Director at TT Club, commented, “TTXS is a clear example of our promise to listen and adapt to our Members’ needs. Members asked us for higher limits, and we’ve quickly delivered. By leveraging our scale and market reputation, we’ve been able to secure commercial-grade capacity while preserving the flexibility, tailored pricing and personal service that define TT Club and its Member-led service.”
Meeting Members’ evolving needs
TTXS enables Members to enhance their TT Club policies with substantially higher limits for cargo/customer liability, third-party liability and property risks. Through pre-secured reinsurance capacity, the Club has used its collective purchasing power to achieve competitive rates and simplify access to excess cover.
This integrated approach removes the need for Members to seek separate excess policies through alternative providers – reducing administrative overheads, improving efficiency and delivering meaningful cost savings, particularly for smaller Members that might otherwise face prohibitive individual pricing.
