LMA News Archive

UK Property Cyber Clauses [LMA19-037-AC, 12/3/2019] The LMA has been working on behalf of its members to draft model clauses which assist the market in providing clarity of cyber coverage under first-party property damage policies.

Interim Guidance on the potential 'expiry' of TRIA on 31 December 2020 [LMA19-035-AC, 11/22/2019] LMA has issued guidance for policies renewing on/after 01 January 2020

Gemini - Digital Expert Management & Settlement - Phase II [LMA19-034-TB, 11/20/2019] Gemini, the Claims Expert Management platform, will now move in to a final phase of delivery, building on phase I and the original deliverable of obtaining visibility of expert spend and usage at a carrier and market level.

Change of Lloyd's suggested/default service of suit agent in USA [LMA19-033-AC, 11/19/2019] This Bulletin details LMA's response following Lloyd's Bulletin Y5262 advising of a change to the Lloyd's suggested/default service of suit agent in USA.

Property and Marine Cyber Clauses [LMA19-031-PD, 11/13/2019] The LMA has drafted model clauses which assist the market in providing clarity of cyber coverage under first-party property damage policies.

Delegated claims oversight - publication of delegated claims audit deliverables [LMA19-030-TB, 11/8/2019] In September of 2018, we outlined a programme of work that we would be undertaking in relation to delegated claims (LMA18-043-TH), and provided an update on the programme in December 2018 (LMA18-052-TH) and 20 March 2019 (LMA19-011-TH) to carriers an

Write-Back October 2019 [LMA19-029-SFC, 11/1/2019] It is the most successful modernisation project of the last five years, handling in excess of 1.5 million claims messages a month. It also responds to the key and future principles of Future at Lloyd’s.

SCAP - EEA slip leads [LMA19-028-EW, 10/21/2019] This bulletin sets out the positions of Lloyd’s Brussels and other European Economic Area (EEA) insurers under the Single Claims Agreement Party (SCAP) protocol.

Senior Managers & Certification Regime guidance updated [LMA19-027-SM, 9/26/2019] The LMA have updated the SM&CR guidance to reflect new requirements from the PRA and also to provide an example template for the issuing of Certificates under the new Certification regime.

Update to Twin Binding Authority MRC [LMA19-025-AC, 8/12/2019] The LMA has drafted an update to the Twin Binding Authority MRC which has been published as LMA3113AT-A.

MIS Claims Imagery & Intelligence Service [LMA19-024-JW, 8/1/2019] This tool has historically been funded by the LMACC and is now jointly funded with Lloyd’s on a 50/50 basis. A central market contract is in place until 13 January 2020.

Auditor Terms of Business Agreement [LMA19-023-EW, 7/29/2019] The LMA’s Delegated Audit Group (DAG) has put together a model Terms of Business Agreement (TOBA) that can be used by managing agents when instructing coverholder or TPA auditors. The TOBA can be found below, and is also available on the Lloyd’s Word

Terrorism Panel Cyber Endorsements [LMA19-022-AC, 6/18/2019] The LMA Terrorism Business Panel, in conjunction with representatives from the LMA Wordings Forum, have published two model write backs of cyber cover (essentially, but not exclusively, as write backs to the Terrorism exclusion contained within the L

GDPR: Market & DXC processes for handling Data Subject Requests [LMA19-021-JW, 6/14/2019] LMA and DXC have been working to ensure there is a clear documented process in place to assist Data Controllers (in this case carriers) and DXC (as a Data Processor).

New South Wales Emergency Services Levy [LMA19-020-PD, 6/10/2019] Insurers writing relevant classes of business in New South Wales are required to charge an Emergency Services Levy alongside the risk premium to cover their contribution to the emergency services annual budget.

LMA Risk Code Triangulation Reports – Q1 2019 [LMA19-019-PD, 6/3/2019] The latest LMA Triangulation Reports (Q1, 2019)

Gemini Expert Management - Phase 2 delivery - capturing expert spend [LMA19-018-TB, 5/15/2019] An update on the phase 2 scope, design and plan to fully deliver Gemini, the market's expert management solution, following the initial delivery in October 2018.

Loss Ratio Triangulations [LMA19-014-PD, 5/8/2019] The LMA Loss Ratio Triangulations, based on data from DXC, provide details and development patterns of gross net premiums (gross of reinsurance, net of acquisition costs), paid and incurred claims for each Lloyd’s risk code by year of account.

SCAP - one year in [LMA19-017-LE, 4/29/2019] The Single Claims Agreement Party (SCAP) clause has been available to the London Market since February 2018.

Elections to the LMA Board 2019 - Ballot paper [LMA19-015-SM, 4/9/2019] There are four candidates standing for three vacancies on the LMA Board for 2019.

Consumer Wordings Guidance v5.0 [LMA19-013-AC, 3/29/2019] The latest version of the Joint LMA/Clyde & Co Guidance on Consumer Wordings is available to download from the LMA website, and contains a Document Revision/Change History page to identify the key amendments/updates.

DA SATS Endorsements [LMA19-012-TH, 3/21/2019] DA SATS was launched in late 2018 as a platform to assist the market to manage bordereaux information and data gathered under binding authorities.

Delegated Claims Oversight Strategy - Consultation on Core Deliverables [LMA19-011-TH, 3/20/2019] The LMA are now in a position to publish the deliverables within a consultation phase for Delegated Claims which is scheduled to end on 5 April 2019.

Joint Energy Claims Group: 2019 Election Results [LMA19-010-JSN, 3/13/2019] Following the recent call for nominations from the electorate and subsequent election for available places on Joint Energy Claims Group (JECG) as large number of votes were received which did not clearly distinguish between nominees.

LMA Board Elections [LMA19-009-GB, 2/28/2019] The purpose of this letter is to set out the process and timetable for the 2019 election for directors to the LMA Board.

Joint Committee Elections: 2019 Election Results [LMA19-008-JS, 2/27/2019] Following the recent call for nominations from the electorate and subsequent elections for available places on the Joint Cargo, Joint Rig and Joint Specie Committees', the elections results are linked below:

New South Wales Emergency Services Levy [LMA19-007-PD, 1/28/2019] Insurers writing relevant classes of business in New South Wales (NSW) are required to charge an Emergency Services Levy (ESL) alongside the risk premium to cover their contribution to the emergency services annual budget.

LMA Risk Code Triangulation Reports – Q4 2018 [LMA19-006-PD, 1/25/2019] The LMA Risk Code Triangulation Reports for Q4 2018, using data supplied by Xchanging, have now been published on the LMA website.

LMA Risk Code Triangulation Reports – Q4 2018 [LMA19-006-PD, 1/25/2019] The LMA Risk Code Triangulation Reports for Q4 2018, using data supplied by Xchanging, have now been published on the LMA website.

New claims committee governance structure [LMA19-005-EW, 1/22/2019] The LMA Claims team has completed a review of the way that our claims committees are structured and run.

Election Results: Terrorism and Political Violence Business Panel 2019 [LMA19-004-LA, 1/8/2019] In response to a large number of nominations for the LMA Terrorism panel election, it has been agreed that the panel will increase in size from 12 to 16 places for 2019.

Election Results: LMA Worldwide Property Business Panel 2019 [LMA19-003-PD, 1/5/2019] Following the recent ballot, the following people have been elected to the Worldwide Property Business Panel (WWPBP) for a three-year term.

Election Results: Joint Power Generation Committee 2019 [LMA19-002-PD, 1/4/2019] Following the recent ballot, seven individuals have been elected as members to the Joint Power Generation Committee (JPGC) for a three-year term.

Election Results: Personal Accident Business Panel [LMA19-001-DP, 1/4/2019] Following the recent ballot, eight individuals have been elected as members to the Personal Accident Business Panel (PABP) for a five year term.

Market Reform Contract Endorsement (MRCE) Guidance v1.3 [LMA18-056-AC, 12/28/2018] The cross-market group has now carried out a review of the associated Market Reform Contract Endorsement (MRCE) Guidance, which deals with contract changes.

Risk Engineering document updates [LMA18-055-PD, 12/27/2018] The LMA’s Onshore Energy Business panel (OEBP) Engineering Sub-Group has updated three risk engineering documents originally published in 2015.

Business Interruption worksheets [LMA18-054-PD, 12/21/2018] The LMA’s Onshore Energy Business panel (OEBP) has published two Business Interruption (BI) worksheets – one Gross Earnings (LMA9159) and one Gross Profit (LMA9160).

Arbitration and Alternative Dispute Resolution Clause [LMA18-053-PD, 12/20/2018] The LMA’s North American Casualty Reinsurance Business panel (NACRBP) has published a model arbitration clause (LMA5344) for use on US treaties.

Delegated Claims Modernisation - Update [LMA18-052-TH, 12/18/2018] In collaboration with the LMACC and the Lloyd’s claims team, the LMA is implementing an enhanced delegated claims model which encompasses a long term delegated claims strategy.

Gemini Claims Expert Management Hub - Now Live [LMA18-051-TB, 11/30/2018] Following two successful phases of market acceptance testing, the market has signed off the delivery of the Gemini Claims Expert Management Solution (provided by Advent Insurance Management). The solution is now available for carriers to use.

Consumer Wordings Guidance v4.2 [LMA18-050-AC, 11/28/2018] The latest version of the Joint LMA/Clyde & Co Guidance on Consumer Wordings is available to download from the LMA website, and contains a Document Revision/Change History page to identify the key amendments/updates.

LMA Risk Code Triangulation Reports – Q3 2018 [LMA18-049-PD, 11/12/2018] The LMA Risk Code Triangulation Reports for Q3 2018, using data supplied by Xchanging, have now been published on the LMA website.

Lloyd’s Risk Location and Stamp Decision Guidance (Lloyd's Brussels) [LMA18-048-PD, 11/6/2018] In the event of a hard Brexit in March 2019, Lloyd’s syndicates will no longer be licensed to write EEA (and Monaco) risks on syndicate paper.

Lloyd’s Brussels TPA Agreement [LMA18-047-TH, 11/5/2018] The Lloyd’s Brussels TPA agreement (LBS0065) has been published to support the management of outsourced claims entities from the EEA by Lloyd’s Brussels.

Co-Lead Claims Agreement [LMA18-046-TH, 10/19/2018] This bulletin both introduces and publishes the co-lead claims agreement, to support the streamlining of the co-lead claims agreement process within the Lloyd’s market.

Lloyd's Brussels: placement process for delegated authority business from 01 January 2019 [LMA18-045-TH, 10/3/2018] Lloyd’s Brussels will underwrite non-life insurance and facultative reinsurance risks located in EEA countries with effect 2019. This bulletin provides documentation and guidance to a number of elements of that placement process for DA business.

Brexit – placing of EEA/non-EEA risks post 01 January 2019 [LMA18-044-AC, 10/2/2018] Lloyd’s has established a new insurance company based in Brussels. From 01 January 2019, placements under a syndicate and LBS stamp will have to be priced separately.

Delegated Claims Oversight Strategy [LMA18-043-TH, 9/27/2018] The main aims of the program are to provide an improved and more consistent DA experience for TPAs, improved service for customers and increased indemnity accuracy.

DS1017 CAT DOI Reporting app - now live [LMA18-042-JW, 9/26/2018] The LMA have been working with DXC to create a live reporting app which will allow managing agents to access the required claims data to assist with the compilation of returns.

Single Claims Agreement Party (SCAP) - implementation of the Operating Model [LMA18-041-LE, 9/18/2018] An update is being provided to the market regarding the confirmation that enhancements were to be delivered to support the operation of SCAP in Q4 2018, allowing carriers to consider the changes, the impact and the benefit to the SCAP operating model

Market Reform Contract Guidance [LMA18-040-AC, 9/6/2018] Lloyd’s has established a new insurance company based in Brussels (Lloyd’s Insurance Company S.A., known as Lloyd’s Brussels), to underwrite non-life insurance and facultative reinsurance risks located in EEA countries with effect from 01 Jan 2019.

Lloyd’s Brussels Subsidiary (LBS) Policy Documentation [LMA18-039-AC, 9/3/2018] To support the underwriting of EEA risks by Lloyd’s Brussels (i.e. for policies incepting on or after 01 January 2019), Lloyd’s, in conjunction with the LMA, has prepared a new suite of policy documentation for Lloyd’s Brussels.

LMA Risk Code Triangulation Reports – Q2 2018 [LMA18-038-PD, 8/3/2018] The LMA Risk Code Triangulation Reports for Q2 2018, using data supplied by Xchanging, have now been published.

GEMINI – A Claims Expert Management Hub [LMA18-036-LE, 7/30/2018] An update on the delivery of the claims expert management hub, following approval from the LMACC and support from the claims community in 2017, and market consultation in Q1 2018.

Model Insurance Product Information Documents (IPIDs) [LMA18-037-AC, 7/26/2018] The LMA, in conjunction with the Wordings Forum, has prepared model IPIDs for four of the five consumer products for which we already have model wordings, which are now also in the Lloyd’s Wordings Repository (LWR).

Model Business Interruption Extension Wordings [LMA18-035-AC, 7/24/2018] The LMA Wordings Forum’s Business Interruption Working Party have been working on a suite of model business interruption (BI) specifications for use as extensions to property damage wordings.

Single Claims Agreement Party (SCAP) - Enhancing the Operating Model [LMA18-034-LE, 7/17/2018] Following the LMACC and Claims TOM Steer Co's decision to priortise SCAP, a cross market working group has identified opportunities to enhance its operation

Senior Managers & Certification Regime guidance issued [LMA18-033-SM, 7/5/2018] The PRA has published its final rules and the FCA has published its near final rules on the Senior Managers & Certification Regime.

Election Results: Worldwide Property Business Panel 2018 [LMA18-032-PD, 6/29/2018] After the recent ballot to fill six vacancies on the LMA Worldwide Property Business Panel, the following individuals have now been elected for a three year term

Election Results: Personal Accident Business Panel 2018 [LMA18-031-DP, 6/21/2018] Following the recent ballot to fill two vacancies on the LMA Personal Accident Business Panel, two individuals have now been elected for a five year term

Consumer Wordings Guidance v4.1 [LMA18-030-AC, 6/18/2018] The latest version of the Joint LMA/Clyde & Co Guidance on Consumer Wordings is available to download from the LMA website, and contains a Document Revision/Change History page to identify the key amendments/updates.

New South Wales Emergency Services Levy [LMA18-029-PD, 6/12/2018] The New South Wales (NSW) government reversed its decision to transition from a levy charged on insurance premiums to a property-based levy for the funding of emergency services.

Onshore Energy Business Panel – Mothballing & Recommissioning Questionnaire (LMA9142) [LMA18-028-PD, 5/23/2018] The LMA’s Onshore Energy Business Panel has published a Mothballing and Recommissioning Questionnaire (LMA9142) for use in the onshore oil, gas and petrochemical market.

LMA General Data Protection Regulation Guide [LMA18-027-KK, 5/17/2018] The GDPR came in to effect on Friday 25 May 2018. The LMA, jointly with DAC Beachcroft, has produced market guidance on the application of the GDPR in the Insurance Industry.

LMA Risk Code Triangulation Reports – Q1 2018 [LMA18-026-PD, 5/3/2018] The LMA Risk Code Triangulation Reports for Q1 2018, using data supplied by Xchanging, have now been published.

Lloyd's UK Terrorism Endorsement [LMA18-025-AC, 5/1/2018] The Pool Re Underwriting Manual v 7.0 came into effect on 01 April 2018. Amongst other things, the new Manual incorporates a change to the cyber cover provided by Pool Re which, in turn, requires changes to members’ policies.

GDPR - Information Notices and model wordings [LMA18-023-AC, 4/25/2018] In conjunction with Clyde & Co, the LMA has now produced a model (Layer 1) Short Form Notice and ancillary consent language / policy clauses, which are available on the LWR.

Brexit Binding Authority Sunset Endorsement [LMA18-022-TH, 4/24/2018] The LMA has now drafted the below model clause to assist in managing the transition of binding authority business to Lloyd’s Brussels Subsidiary (LBS) in respect of Brexit.

SCAP and ECF Claims Best Practice Online Training [LMA18-021-SB, 4/16/2018] This online training follows a similar format to the masterclasses held in January and February and to make them as interactive as possible, they have been designed in a scenario-based format that is thought provoking for the user.

LMA Board Election Results 2018 [LMA18-020-GB, 4/3/2018] The LMA has announced the four successful candidates for membership of its Board: David Croom-Johnson, Aegis; Stephen Eccles, Argo; Richard Harries, Atrium and; Matthew Shaw, Chubb.

Risk Transfer and Non Risk Transfer Terms of Business Agreements: GDPR and Criminal Finances Act 2017 [LMA18-019-KK, 3/22/2018] The LMA, in conjunction with LIIBA, has amended the model Non Risk Transfer Terms of Business Agreement and Risk Transfer Terms of Business Agreement to reflect GDPR and the Criminal Finances Act 2017.

Australian Complaints Endorsements to Binding Authorities [LMA18-018-TH, 3/14/2018] The LMA has now drafted clauses to address Lloyd’s requirements for complaints handling under binding authorities for Australian complaints.

Marine & Aviation Committees: 2018 Election Results [LMA18-016-NR, 3/5/2018] Results have been announced following elections for available places on the LMA Aviation Committee, LMA Marine Committee and a number of Joint LMA/IUA marine-related committees.

GDPR and Criminal Finances Act 2017 - Model Agreements [LMA18-017-KK, 3/5/2018] The LMA has amended the market model agreements to reflect the General Data Protection Regulation (which comes into effect in May 2018) and the Criminal Finances Act 2017 (already in effect).

LMA Board Elections [LMA18-015-GB, 2/28/2018] LMA members have the opportunity to nominate candidates, who must be an employee or officer of an LMA full member and must be supported by three LMA full members in addition to the candidate’s own member firm.

LMA Guidance for UK Coverholders: Insurance Distribution Directive [LMA18-014-SM, 2/28/2018] The Guidance covers various aspects of IDD including product oversight & governance, manufacturer responsibilities and Insurance Product Information Documents (IPIDs).

LMA Launches Claims Development Pathway [LMA18-013-LE, 2/21/2018] The LMA has launched the Claims Development Pathway, an interactive training and development tool that will provide support to claims professionals in the Lloyd’s market, at every stage of their careers.

LMA Guidance: GDPR Core Uses Information Notice [LMA18-012-SM, 2/16/2018] The LMA, jointly with Norton Rose Fulbright, has published guidance to assist insurance market participants with their use of the Core Insurance Information Notice

Consumer Wordings Guidance v4.0 [LMA18-010-AC, 2/14/2018] The latest version of the Joint LMA/Clyde & Co Guidance on Consumer Wordings is available to download from the LMA website, and contains a Document Revision/Change History page to identify the key amendments/updates.

Coverholder Audit Scope [LMA18-011-TH, 2/14/2018] The final version of the updated Coverholder Audit Scope has now been published and can be found on the Coverholder Audit page of the LMA website.

Coverholder and TPA Model GDPR Readiness Questionnaire [LMA18-009-TH, 2/14/2018] The LMA has drafted a model questionnaire in conjunction with the market and Lloyd’s to support managing agents in confirming that coverholders and TPAs will be compliant with GDPR.

LMA market guidance – Duty of confidentiality [LMA18-008-KK, 2/12/2018] The LMA market guidance is a reminder about relevant law and regulation concerning confidentiality and the serious potential consequences of breach, both at a personal member-of-staff level and at corporate level.

London market Single Claims Agreement Party Model goes live [LMA18-007-LE, 2/2/2018] A transformational new model that will simplify how claims within the London market are handled is launched yesterday in an effort to improve client service and streamline claims agreement across the London market.

Market Reform Contract Guidance [LMA18-006-AC, 2/1/2018] In accordance with previous practice, a cross-market group has carried out the annual review of the MRC Open Market guidance. This has resulted in a new version (v 1.8) of the MRC guidance containing relatively minor enhancements.

Complaints Endorsements to Binding Authorities [LMA18-005-TH, 1/31/2018] The LMA has drafted a suite of clauses to attach to binding authority agreements incorporating the requirements for these territories.

LMA Risk Code Triangulation Reports – Q4 2017 [LMA18-004-PD, 1/30/2018] The LMA Risk Code Triangulation Reports for Q4 2017, using data supplied by Xchanging, have now been published.

Data Protection Bill - House of Lords Third Reading [LMA18-003-KK, 1/22/2018] At the Third Reading on 17 January 2018, the House of Lords passed a Government-tabled amendment to Schedule 1 of the Data Protection Bill, which provides insurers with a new ground to process selected types of Special Category Personal Data, includi

Onshore Energy Business Panel – Mothballing & Recommissioning Questionnaire (LMA9142) [LMA18-002-PD, 1/16/2018] The new questionnaire follows a similar format to the questionnaire attached to LMA5197A but with specific focus on the steps taken by an insured when mothballing a plant as well as the process being followed prior to recommissioning.

Election Results: Personal Accident Business Panel 2018 [LMA18-001-DP, 1/2/2018] Following the recent ballot, nine individuals have been elected as members to the Personal Accident Business Panel (PABP) for a five year term

Election Results: Worldwide Property Business Panel 2017 [LMA17-003-PD, 1/18/2017] This bulletin announces the new committee members of the Worldwide Property Business Panel (WWPBP).

Election results: Personal Accident Business Panel 2017 [LMA17-002-DP, 1/10/2017] This bulletin announces the new committee members of the Personal Accident Business Panel.

Election Results: Joint Power Generation Committee 2017 [LMA17-001-PD, 1/6/2017] This bulletin announces the new committee members of the Joint Power Generation Committee.

Modern Slavery Act – Transparency in Supply Chains [LMA16-049-SM, 12/7/2016] The Modern Slavery Act 2015 is designed to tackle slavery in all its forms and consolidates previous offences relating to trafficking and slavery.

Individual Claim Threshold Change for Bordereaux Claims [LMA16-048-RCE, 12/5/2016] A review of the current thresholds for splitting out bordereaux claims has been completed by the BACG. This communication outlines the changes that have been made in order to align with the 2010 Lloyd’s Claims Scheme thresholds.

Paper to ECF Scanning Service to Cease [LMA16-045-LE, 10/31/2016] As part of its Claims Transformation Programme (CTP) Lloyd’s implemented a service to convert eligible paper-based claims to ECF, which will cease on 31 December.

Updated Cause Code List - amended excel version [LMA16-011-RCE, 2/11/2016] Further to new cause codes being made available on 01 February 2016, please find an amended excel version of the codes available for download.

International Casualty Treaty Fines and Penalties Exclusions [LMA16-010-PD, 2/4/2016] In conjunction with the International Casualty Reinsurance Business Panel, the LMA has produced the fines and penalties model clauses.

LMA Marine Committee for 2016 [LMA16-009-NR, 1/26/2016] Following the recent call for nominations from the electorate, twelve nominees put themselves forward for the ten places available. This bulletin announces the LMA Marine Committee for 2016.

Updated Cause Code List [LMA16-008-RCE, 1/25/2016] Following the issuance of a new cause code list last year, the LMA’s class of business claims sector groups have undertaken a review of the list.

Consumer Wordings Guidance v2.0 [LMA16-006-AC, 1/14/2016] We have issued a revised edition of its Consumer Wordings Guidance v2.0, which was first published on 27 April 2015.

Solvency II Pillar 3 - Claims Data Collection Requirements [LMA16-005-RCE, 1/14/2016] This bulletin outlines the information managing agents in a lead capacity need to know in order to initiate claims data collection from January 2016.

Report from the Chair of the Associations' Administration Committee [LMA16-004-RG, 1/13/2016] This update from Mark Chapman, Chair of the AAC, provides a report of AAC’s activities over the period since December 2014.

Expert Management and Data Management [LMA16-003-LE, 1/11/2016] There are currently many challenges in accurately recording experts and their relating fees when handling a claim. This communication seeks to clarify the areas of expert management.

Election results: Non-Marine Business Panels [LMA16-002-PD, 1/5/2016] This bulletin announces the new committee members for the Non-Marine Business Panels.

Election results: Personal Accident Business Panel [LMA16-001-AG, 1/4/2016] This bulletin announces the new committee members of the Personal Accident Business Panel.

Update on Insurance Act 2015 Wordings Review [LMA15-068-DP, 12/22/2015] LMA has conducted a search of the Lloyd’s Wordings Repository, and has identified wordings that need reviewing in light of the Insurance Act 2015. View the flagged wordings on this bulletin.

Lloyd's Model Generic Certificate [LMA15-067-AC, 12/22/2015] In conjunction with the Lloyd's legal team and the Lloyd's delegated underwriting team, the LMA has carried out a project to review and update the model certificates/jackets used for the production of contract documentation under a Binding Authority.

Standard LMA Aviation Terms of Engagement for surveyors/loss adjusters [LMA15-066-RCE, 12/17/2015] The LMA Aviation Claims Group (ACG) has produced an LMA Aviation Terms of Engagement (LATOE 2015) for the Lloyd’s Aviation Market.

ECF Training and Perception Programme Update [LMA15-065-SB, 12/16/2015] Further to the LMA Bulletin LMA15-61-SB which provided an overview of the ECF and Perception Programme, we are pleased to announce the available dates for the masterclasses.

Election results: International Professional Indemnity Business Panel [LMA15-064-TE, 12/1/2015] This bulletin announces the new committee members of the recently formed International Professional Indemnity Business Panel.

Contractors' Plant & Equipment Wording [LMA15-063-DP, 11/20/2015] In conjunction with the Political Risk panel, the LMA has produced a new Comprehensive Contractors' Plant Insurance model clause.

Cyber Loss Exclusion (Property Treaty Reinsurance) and Cyber Loss Limited Exclusion (Property Treaty Reinsurance) [LMA15-062-PD, 11/13/2015] In conjunction with the Property Reinsurance Business Panel, the LMA has produced the model clauses that can be found in this bulletin.

ECF Training and Perception Programme [LMA15-061-SB, 11/9/2015] Due to a significant amount of change and modernisation in the claims community, specifically in relation to system enhancements and changes to ECF, the ECF Best Practice Group has been evaluating what training is needed to support the market.

Delegated Claims Authority - Performance Monitoring Minimum Standards - Coverholders Only [LMA15-059-SB, 10/28/2015] LMA has produced a performance management information indicators spreadsheet to assist managing agents' oversight of the claims performance of their coverholders.

Proposed New LPSO Agreement [LMA15-058-RG, 10/27/2015] The present agreement has not changed since 2006 and consequently does not meet current expectations for legal and regulatory compliance as we approach the start of Solvency II.

Market Reform Contract (Master Policies) Guidance - Version 1.0 [LMA15-057-AG, 10/22/2015] Members are advised that London Market Group (LMG) in conjunction with the the LMA's Binding Authority Wordings Committee has produced a new Market Reform Contract (MRC) standard for Master/Group Policies.

LMA Risk Code Triangulation Reports - Q3, 2015 [LMA15-056-PD, 10/19/2015] The LMA Risk Code Triangulation Reports for Q3 2015, using data supplied by Xchanging, have now been published on the LMA website. These are available to LMA members only and you need to be logged in to access them.

Australian Fire Brigade Charges Scheme Collection Monitoring [LMA13-019-NS, 7/29/2013] PwC Australia has prepared a spreadsheet which should be completed by all insurers that have written business via the Australian Fire Brigade Charges Scheme. This LMA Bulletin outines what action should be taken.

Consumer Insurance (Disclosure and Representations) Act 2012 [LMA13-014-NS, 5/24/2013] The LMA and Clyde & Co have jointly prepared guidance on theConsumer Insurance (Disclosure and Representations) Act 2012, which came into force on 6 April 2013.

Survey of Underwriting Committee/Panel Activity [LMA13-013-NS, 5/23/2013] The LMA underwriting team has produced an online survey seeking feedback on the activities of its various panels, committees and Joint Committees.