MCL

International trade is the lifeblood of the global economy. When goods are moved from A to B, it is only natural that accidents and delays will sometimes occur. In making available its Marine Consequential Loss (MCL) software, Munich Re is providing a way of offering companies tailored protection against the resultant losses.

MCL offers you these advantages:

Growing volume of trade increases demand

MCL, a program specially developed by Munich Re, makes it easier to calculate premiums in this growth market. After all, your clients' need for protection grows along with the increasing volume of trade. The challenge? To provide effective protection against potential losses resulting from business interruptions and/or contractual penalties, which in this case are referred to as marine penalties. A challenge you can meet reliably and rapidly with MCL.

Transparency for all concerned

To determine the risk, MCL queries you regarding all the required information, based on a clearly structured, comprehensive catalogue of customisable MCL or penalty data. Your main advantages: with MCL, you quote marine risks based on especially objective, easy-to-follow calculations. The program also lets you set up a central file for MCL or marine penalty offers. The result? With this program, you ensure greater transparency for all the parties concerned and create a sound basis for negotiations with reinsurers.