TT Club, the international insurer for the transport and logistics sector, has entered into a reinsurance partnership with Tawuniya, Saudi Arabia’s largest insurance provider, to launch a liability insurance product for the Kingdom’s transport and logistics industry.

The move supports Saudi Arabia’s 'Vision 2030' ambition to become a global logistics hub.

Kevin King, CEO of TT Club, commented: “As Saudi logistics operators expand internationally and adopt world-class operational standards, they are also developing their risk management strategies. Specialist liability insurance is a cornerstone of those strategies, in that it protects operations, supports reputational integrity, and helps to enable sustainable growth.”

Sultan Alkhomashi, CEO of General Sector at Tawuniya, added: “This partnership with TT Club strengthens our ability to serve Saudi logistics operators with world-class insurance solutions that meet the highest international standards. Together, we are helping build safer, more resilient supply chains and supporting the Kingdom’s long-term vision to be a regional and global logistics powerhouse.”

TT Club also recently appointed Saffia Abdulla Kanoo to its board of directors. Kanoo is vice president and international business director at Kanoo Logistics, one of the Middle East’s longest-established logistics companies, and has experience spanning air cargo, shipping, customs clearance and specialised logistics services.

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