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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.

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