Lloyd's Market Association Bulletin
LMA23-011-SD | 20 March 2023
Amended Cyber and Data Exclusions
Further to bulletin LMA22-034-SD (08 November 2022), the Wordings Committee has similarly updated clauses LMA5528, LMA5529, LMA5530, LMA5468 and LMA5470.
The updated clauses will have an ‘A’ suffix added and the original clauses will be archived.
All LMA model clauses are purely illustrative and are published and distributed for the guidance of Lloyd’s managing agents, brokers and other market participants. All contracting parties are free to agree to different conditions/amend the model clauses as they see fit; the LMA does not protect its intellectual property rights over model clauses. It is for underwriters to decide whether or not any contractual language is acceptable on any given risk. The clauses are available on the Lloyd’s Wordings Repository (LWR).
Senior Executive Technical Underwriting