The TT Club has revealed that cargo theft has made up 10% of the total number of its claims over the last 10 years.

The insurer said robbery remains one of the most significant causes of disruption in the supply chain and in costs to the club.

Mike Yarwood, its senior loss prevention executive, added: “Whilst there are inevitably geographical hot spots, this is a global phenomenon and one which has yet to be overcome in any part of the world.