Transport and logistics insurance provider names Chairman

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A new Chairman has been named of both Through Transport Mutual Insurance Association Limited Bermuda (TTB) and TT Club Mutual Insurance Limited UK (TTI).

The specialist insurance provider confirmed that Morten Engelstoft will take on the role in place of Ulrich Kranich.

“The foremost specialist insurance provider”

Engelstoft spent over three decades of his career with Maersk.

Working across a variety of roles, he retired in June 2023 from the position of CEO of APM Terminals.

According to TT Club, Engelstoft has a depth of knowledge and vast experience in operations that are at the core of the company’s membership base.

Kranich retires from his position as Director and Chairman of the Club after sixteen years. 

“TT Club remains the foremost specialist insurance provider to the majority of container shipping lines, a substantial number of terminal operators and a wide range of logistics and transport operators,” said Engelstoft.

“I look forward to leading the Boards and helping to guide the Club on its continuing path of providing essential cover and valuable loss prevention advice to a dynamic and vital global transport community.”

Further appointments

Elsewhere, Ulrike Baum has stepped down as Director and Marika Calfas of NSW Ports in Sydney has been appointed to the Board alongside John Chambers.

Miguel d’Orey has also been appointed to the TTI Board.

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