An available System module provides the ability to track Insurance premium detail.  All classes of marine insurance premium rating are available including:

 

• Hull & Machinery rate % on Insured Value.

 

• Hull Interest and War Risk rate % on Insured Amount.

 

• P&I Club premium per GT.  Includes estimated and Actual Supplementary Call.

 

• Loss of Hire premium per day.

 

• Flat Premium per Vessel.

 

• Premium per Policy.
   

KEY FEATURES
 

• Rates can be assigned per Vessel or Groups of Vessels.

 

• Different rates per Underwriter or Market.

 

• Adjustable rate for value changes automates adjustment calculations.

 

• Additional and return premiums tracked.

 

• Pro rata and annual premium reporting on a Policy or vessel by vessel basis.

 

• Loss ratio reporting module included.