Exchange rate
USD
70,94
EUR
82,54

Company history

1960
Soviet ship owners were the first to face the need to insure the carrier’s liability back in the 60s. Without insurance of liability for cargo, environmental pollution, collisions with ships and other similar risks, it was impossible to carry out its activities. Especially when transporting cargo fr...om foreign charterers. To ensure insurance protection, the foreign insurance Department of the Ministry of Finance of the USSR turned to more than a century of experience of English associations (clubs) of mutual insurance of shipowners – UK P&I, part of the Thomas Miller group. Cooperation with UK P&I, combining financial capabilities, claims, legal practice and a correspondent network of English insurers with local experience of employees and representatives of the foreign insurance Department of the Ministry of Finance of the USSR, was successful.
late 1980
In the RSFSR, the question arises about the need for liability insurance not only for ship owners, but also for road carriers, freight forwarders, line agents, and marine container fleets.
1989
Meeting of the Main Department of international automobile communications of the Ministry of Transport of the RSFSR (Sovtransavto) with TT Club Mutual Insurance Ltd., a British mutual insurance club, also part of the Thomas Miller group. At the same time, in the 90’s, national associations began to... join the TT Club: first of all, the Baltic States, and then ASMAP (Association of international road carriers). At the initial stage, cooperation with ASMAP was mainly informational and Advisory in nature. In the summer of 1991, the TT Club and ASMAP held a three-day seminar in Minsk, which marked the beginning of a number of joint regional events, as well as cooperation between two associations – ASMAP as a professional Association of road carriers and TT Club as a transport insurance Association.
1990-1992
Sovfracht-Sovmortrans became members of the TT Club, as well as container parks of the Baltic, Northern and far Eastern shipping companies.
1990-1992
Sovfracht-Sovmortrans became members of the TT Club, as well as container parks of the Baltic, Northern and far Eastern shipping companies.