TT Club provides insurance cover for Russian Start up providing 'Uber-style' forwarding

Posted by Daily Shipping Times on 23-08-2017        Tweet

LONDON/MOSCOW: The Russian start-up freight forwarder, Deliver is an Uber-style operation that has managed to win insurance cover from London's TT Club.

The innovative online cargo transport operation that is among the first in the Country to implement an 'Uber-style' service.

Through its network Deliver aims to achieve greater convenience for its customers and efficiency for a carrier resource base of more than 59,000 drivers.

Such a high volume of sub-contracted transport arrangements, which will require swift and seamless contractual agreements, requires specialist and comprehensive insurance cover.

The TT Club, a major transport insurance provider, together with Russian partner Panditrans, has committed to provide coverage and a range of risk management services to the new startup.

The insurer's contract with Deliver covers trading conditions as well as liabilities in hiring sub-contractors.

"In addition to assuring the freight forwarder of protection from risk and unsubstantiated claims, TT Club provides insurance to Deliver that strengthens its reputation with stakeholders, including the authorities," said the insurer's press release.