d)


MRR


Empirical evidence suggests that members with better quality of operations tend to experience fewer claims. Additional to SRR’s, the Standard Club P&I Rules (‘the Rules’) provide for MRR’s13


offices. In practice, MRR’s tend to be carried out on new members or where there has been a significant change in operations of the member.


The scope of the MRR includes a review of the member’s safety and environmental management systems. In concept and in practice the MRR is truly reflective of the ethos of the club as a mutual. It involves the club’s loss prevention team coming alongside the member, understanding its business, its decision-making processes as well as the challenges faced and having done so, providing appropriate support to the member to improve loss prevention.


Incidentally, the Standard Club’s loss prevention team is multi-disciplinary. They comprise master mariners, naval architects, ship production engineers and specialist surveyors. This unique blend of expertise enables the team to meet the routine needs of the club as well as the more bespoke needs of individual members.


Most, if not all clubs subscribe to the belief that ship and operations surveys such as SRR’s and MRR’s surveys are in the collective interests of the member and the wider membership. Accordingly, cover may be compromised in the event a member fails to co-operate to allow for an SRR or MRR14


recommendations made by the club following a SRR or MRR15 Club surveyors and underwriting


At the Standard Club, its loss prevention and underwriting teams work closely together. The club’s surveyors analyse and evaluate claims trends and risk triggers year-round. Their findings are fed back to the underwriters who are thus equipped to finesse the rating and assess the club’s risk appetite. Over the years, the Standard Club’s team of surveyors and underwriters have internally developed an effective desk top pricing tool for this purpose17


.


or if the member fails to comply with the . In the case of a SRR


in respect of new ships or renewal, where there is an infraction of the Rules, the club may additionally decline an application, impose conditions or refuse renewal16


. to be carried out over the member’s operations at their


13 n.4 r.15.4 supra 14 r.15.3.2; 15.4 the Rules 15 r.15.7 the Rules 16 r.15.13.1 the Rules 17 The Desktop Risks Assessment Tool (DRAT) is an easy-to-use and quick and preliminary desktop assessment application which provides for an overall assessment of a risk object and the member.


The Report • December 2018 • Issue 86 | 39


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