Personal Lines Household Business Panel

Membership of this committee is made up of Underwriters and technical practitioners from LMA Member organisations. The Panel identify issues considered to be of interest or concern to LMA Members, for discussion within the Panel and/or referral as appropriate to the relevant LMA Standing Committee and/or the LMA Executive. Click here for the Business Panel Terms of Reference.

Role of the panel

The role of the Personal Lines Household Business Panel is to:

  • Identify issues considered to be of interest or concern to LMA Members, for discussion within the Panel and/or referral as appropriate to the relevant LMA Standing Committee and/or the LMA Executive
  • Respond to requests from the Non-Marine Committee (NM-C), the LMA Executive and other LMA Committees and Groups for advice and recommendations on issues
  • Liaise with the NM-C, to develop or revise policy wordings or clauses for adoption as LMA accredited wordings, establishing working groups as necessary to undertake this work
  • Liaise with the NM-C, to undertake other technical activities, establishing working groups as necessary to undertake this work
  • Provide a forum for exchange of views and information between market practitioners

Key issues

The following issues are currently being considered by the Personal Lines Household Business Panel:

  • Flood Re
  • HIP - UK and Overseas Policy Forms
  • Conduct Risk

Wordings

The Personal Lines Household Business Panel issues wordings and clauses from time to time which are available for market use. The most recently issued and/or most popular wordings issued are listed below and can be downloaded from the Lloyd's Wordings Repository:

  • LMA9007 - HIP Overseas Proposal
  • LMA9106 - Home Insurance Proposal
  • LMA3123 - HIP 2014 Overseas Policy    
  • LMA3127 - HIP 2015 Policy    
  • LPO600 - Household Bordereau Template 
  • LPO2009 - Household Aggregate Requirements
 

Contact us


Tom Hamill
Manager, Claims & Delegated Authority Operations

Risk codes

The business scope of the panel is U.K. Household and this includes issues connected to the following Lloyd’s Risk Code classifications: HP.