This is probably not an original idea. But what if the progression for turning in treasure was never capped? What if, after reaching level 50, the progression and reputation just simply kept going?
PL status still requires L50 in 3 companies. No change there. Just simply keep rewarding reputation for those companies and let the levels climb.
I honestly miss seeing this, and its only been 4 weeks. Could you imagine the levels some pirates would reach? For me, this would be such a huge difference while not actually effecting the gameplay in any way.