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Personal Accident
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Personal Accident Business Panel
Membership of this committee is made up of Underwriters and technical practitioners from LMA Member organisations. The Personal Accident Business Panel meets once a month and reports to the LMA Non-Marine Committee [NMC]. Click here for a list of
current Business Panel members
and
Business Panel Terms of Reference
Key issues
U.S. Affordable Care Act
Life Reinsurance
Consumer Insurance Act
TCF
Wordings
The Personal Accident 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:
LMA3010 K (USA) Policy
LMA3090 (UK) K Policy
LMA 9019 Generic PA Market Risk Bordereau
LMA3091 (UK) KA Policy
Role of the Panel
The role of the Personal Accident 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 NMC, the LMA Executive and other LMA Committees and Groups for advice and recommendations on issues
Liaise with the NMC, 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 NMC, 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
Contact us
Adrian Graham
Senior Executive, Underwriting
Guidance
LMA & Clyde & Co guidance - Reinsurance of life insurers: underwriting considerations
Risk Codes
The business scope of the panel is Personal Accident and this includes issues connected with the following Lloyd’s Risk Code classifications: KG, KS, KT, KM, KL, KC, KA and KX.
Useful links
Lloyd's Wordings Repository
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