How to price vessel risk with a fuller view of exposure
Every critical signal. One source you can trust.
How to price vessel risk with a fuller view of exposure
Actuaries get a consistent, long-run record to inform their models. Pricing and underwriting teams get every critical signal at quote, through the life of the policy and at renewal.
Actuarial, pricing and underwriting teams use Lloyd's List Intelligence data to see the full set of risk parameters behind every vessel, delivered by API straight into their existing systems and workflows.
Actuaries get a consistent, long-run record to inform their models. Pricing and underwriting teams get every critical signal at quote, through the life of the policy and at renewal.
The challenge
Assessing a vessel means piecing together its casualty history, inspections, ownership, behaviour and more from separate sources, often by hand. The picture is slow to build, gaps creep in, and underpriced or deteriorating risks slip through to the claim.
You need data that is trusted and accurate, from a reliable source.
How to assess vessel risk with Lloyd's List Intelligence
Give actuarial teams a consistent, verified record to build and test models on: casualty and incident records from 1989 onwards, Total Loss data back to 1965, and incident categories aligned with IMO and EMSA (EMCIP) taxonomy.
2. Assess the risk at quote
When a submission lands, our data, integrated into your models, gives you the full set of risk parameters. Run these checks automatically, at speed:
Check the vessel
Vessel characteristics – type, age, tonnage, build, flag and class in one consistent record.
Dry dock status – see dry dock status at a glance to surface vessel condition and operational readiness.
Machinery condition – understand the true condition of critical machinery.
Emissions – an indicator of vessel quality and operational efficiency.
Check its incident record
Casualties and incidents – casualty and incident data verified first-hand by Lloyd's Agents in ports worldwide.
Hull risk – operational risk issues from maintenance, safety and management.
Check its inspections and detentions
Port State Control inspections and detentions – a vessel's condition and management, before it shows up as a claim.
Seizures and arrests – up-to-date records of vessel seizures and arrests.
Check who is behind it
Ownership and company structure – the owner, manager and corporate structure behind the vessel.
Sanctions and watchlists – sanctions exposure across the vessel, its owners and related companies.
Check how it behaves
Behavioural flags – AIS gaps, ship-to-ship transfers and calls at high-risk ports.
Voyage history – where the vessel trades and has traded.
3. Monitor risks
Pull bulk data across every insured vessel. Spot ownership changes, sanctions designations, detentions, incidents and risky behaviour as they happen, and track casualty trends at fleet level.
4. Review at renewal
Refresh your view on the latest incident and inspection data. When an incident happens, casualty records verified on the ground by the Lloyd's Agency Network support the investigation.
The data you can rely on [H4]
Integrated and aggregated risk exposure
Combine Seasearcher sanctions, vessel risk and behavioural data into one operational view.
Vessel characteristics
Access core vessel data: ownership, class, flag, age and more for a complete assessment.
Dry dock visibility
See dry dock status at a glance to surface vessel condition and operational readiness.
Emissions
Assess emissions data to understand vessel quality and operational efficiency.
Incidents and casualties
Reliable casualty and incident data verified first-hand by Lloyd's Agents in ports worldwide.
Hull risk
Identify operational risk issues from maintenance, safety and management risk.
Detentions and arrests
Check against inspections, seizures and more for defensible pricing and risk assessment.
Machinery condition
Understand the true condition of a vessel's critical machinery to identify risk factors.
The Lloyd's List Intelligence difference
- Proprietary and verified – we own our data, so it's never pulled out from under you.
- Into your systems, not ours – connect core vessel, company and voyage data through one consistent API framework that reduces complexity and speeds up implementation.
- A partner built to last – reporting on ships and shipping since 1734, and an IUMI Professional Partner.
Unrivalled casualty data, verified on the ground [H4]
97K
Detailed casualty incident records from 1989 onwards, with historical Total Loss data back to 1965
24/7
Dedicated casualty desk
200
Lloyd's Agents worldwide providing exclusive, dedicated regional human intelligence
50 GT+
Merchant AIS Class A vessels covered by our Marine Casualty Data
Updates
On vessel seizures and arrests
IMO
Incident categorisation aligned with IMO and EMSA (EMCIP) taxonomy
Vessel tracking is powered by AIS SeaOrbis, covering 100% of the live commercial fleet with 98% of positions in near real time.
See Lloyd's List Intelligence data in action
.png)
Upgrade your insurance data
Request a data sample and compare it side by side with the data you use today.
Related products
Intelligence that empowers decision making
Discover range of maritime, technical, and marketing products and solutions.