Protection and Indemnity (P&I) Rating Engine

The Marsh JLT Specialty Rating Engine, a proprietary P&I premium modelling tool, provides a forensic analysis of P&I club underwriting costs and claims reserving, enabling us to restate our clients’ P&I loss records through an objective methodology, while calculating fair rates for our clients’ P&I entries.

Our Rating Engine:

• Is a unique P&I premium modelling tool that has been built using insurance industry standard actuarial and analytical techniques.
• Provides a reliable independent analysis of all components of a P&I premium.
• Is customisable according to individual P&I club rating structures.
• Enables true comparisons between the premiums charged by different P&I clubs.
• Provides a technically sound challenge to P&I club pricing.
• Empowers negotiations.