In mid-March, London-based International freight and logistics insurer TT Club announced two new appointments to senior positions within the company.
Kevin King has been promoted to deputy chief executive officer and Mark Argentieri to chief operating officer (COO) in place of King.
The company said that King and Argentieri have both been working closely with TT’s CEO, Charles Fenton, in recent years in order to ensure a smooth handover of responsibilities, as Fenton plans to step down from the CEO role at the end of 2023.
Beyond then however, Fenton is expected to remain close to the business, after having assumed the role of chairman of TT’s management company, Thomas Miller Holdings, in 2021. He plans to continue supporting the TT Club board and promotion of the Club internationally.
King is a 26-year veteran of Thomas Miller Holdings, having held positions in a number of its managed businesses in the United States before moving to London in 2015 to lead TT’s EMEA (Europe, Middle East and Africa) region and later serve as its COO.
Argentieri has led the TT team in the EMEA region for the last three years having previously gained experience with both TT and the London market in a range of marine classes of insurance including port and terminal, forwarder and logistics operator cover.
His EMEA role included responsibility for the growth of the business and its service delivery.
“Together,” the insurer said in a statement, “these two senior executives will help sustain TT’s tradition of specialized expertise in the global freight transport arena while advancing the Club’s position on ESG (environmental, social and governance) issues; carefully adopting the benefits of data mining and AI technology; maintaining…loss prevention activity and maximizing member retention and growth.”