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Protection and Indemnity (P&I) Rating Engine

The Marsh 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.

The Marsh 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.

Our people

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Jennie Page

Head of Marine, Marsh Specialty Pacific

Luke Dheir

Luke Dheir

Principal, Marine - Pacific

This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. LCPA 23/510

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”