Lloyd's Market Association Bulletin

LMA16-047-KK  |  02 December 2016

Insurance Act 2015 – Duty of Fair Presentation - Clauses

The purpose of this bulletin is to inform managing agents about some standard clauses which are being presented to underwriters in the market and the possible legal effect of these. 

We would encourage you to share this guidance with your underwriting, wordings and support staff.

Kees van der Klugt
Director of Legal & Compliance