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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.


  • 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.

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