by Datamation - Product Type: Component / DLL
DatMarine - ActiveX DLL - V3.0 by Datamation
Calculate the gross premium for every type of marine insurance policy. The DatMarine component contains nine different functions designed to handle different methods of calculation. It is useful for any large insurance institution or broker that have in-house development. It is also a valuable tool for software developers wishing to provide solutions for the insurance sector.
Different Marine Insurance types require different ways to calculate premiums. In addition, there are policy types that can calculate premium in more than one ways. One example is Hull and Machinery (H&M) where premium can be evaluated either taking into account the InsuredValue or the Entered Tonnage or Both.
The DatMarine component contains nine different calculation methods for calculating premiums. The user, depending on the Policy type can call the appropriate method providing the necessary parameters. The return value is the gross premium.
Among the policy types supported are the following:
(H&M) HULL & MACHINERY
(LIA) LIABILITY
(IV) INCREASED VALUE &/OR DIS/NTS
(GADI) GENERAL AVERAGE DISBUR. INSURANCE
(WRA) WAR RISKS ANNUAL
(MII) MORTGAGEES PROTECTION INSURANCE
(P&I) PROTECTION & INDEMNITY
(FDD) FREIGHT DEMURAGE & DEFENCE
(FMC) FEDERAL MARITIME COMMISSION
(SOL) SHIPOWNERS LIABILITY INSURANCE
(CPA) CREW PERSONAL ACCIDENT INSURANCE
(W.G) WORK GANGS
(SGW) SEA GOING WIVES
(P.A.) SUPERINTENDENT ENGINEERS E.T.C.
(HHO) HOUSEHOLD OVERSEAS
(HH) HOUSHOLDERS
(PRI) PROFESIONAL INDEMNITY
(CRG) CARGO
(YCH) YACHTS
(LOH) LOSS OF HIRE
(LOE) LOSS OF EARNINGS
(FVY) FREIGHT VOYAGE
(HVY) HULL VOYAGE
(WVY) WAR VOYAGE
(SRV) SERVICES
(PII) PURCHASERS INTEREST INSURANCE
(CCI)
(CGO) OPEN COVER
(BLR) BUILDERS RISK
(COB) CASH ON BOARD
(HPR) HULL & MACHINERY PORT RISKS
(IVV) INCREASED VALUE VOYAGE
(LBV) LIABILITY VOYAGE
(SLV) SHIPOWNERS LIABILITY INSURANCE VOYAGE
(EOP) EXCESS OIL POLUTION
The functions the component contains are:
InsuredValPrem
TonnagePrem
DailyIndemnityPrem
CrewPrem
IncreasedValFreightValPrem
InsuredValTonnagePrem
DailyIndemnityTonnagePrem
PolAmntPrem
BasicCallPrem
PartNumbers: PC-512559-22187 512559-22187
PurchaseOptions: DatMarine V3.0 1 Site Wide License (Allows Unlimited Users at a Single Physical Address)
Resources: Read the Datamation License Agreement - Requires Acrobat Reader, Read about DatMarine, Download the DatMarine V3.0 evaluation on to your computer - Limited Functionality
Operating System for Deployment: Windows 2000, Windows 98, Windows NT 4.0, Windows 95
Architecture of Product: 32Bit
Product Type: Component
Component Type: DLL
Built Using: Visual Basic V6.0
Compatible Containers: Microsoft Visual Studio 6.0, Microsoft Visual Basic 6.0
Product Class: Business Components
Keywords: Financial finance bank banking insurance Datamation Computer Consulting and Applications Author Marine Premium Insurance Broker Calculation Ship Vessel Financial finance monetary money account bank BACS tax currency General Ledger tellers