Product Recall Committee

The Product Recall Committee comprises of 13 underwriting representatives from the Lloyd’s market. The committee members meet on a bi-monthly basis. The committee identifies issues considered to be of interest or concern to LMA members, for discussion within the committee and referral as appropriate to the relevant LMA Standing Committee and the LMA Executive. Click here for a list of current Committee members  and Terms of Reference  .

Role of the panel

• Identify issues considered to be of interest or concern to the LMA members, for discussion within the business panel, and refer as appropriate to the relevant LMA standing committee and the LMA Executive
• Respond to requests from the Non-Marine Committee (NMC), the LMA Executive and other LMA committees and groups for consideration and recommendations on issues relating to Product Recall business
• Liaise with the NMC and LMA Wordings Forum to develop or revise policy wordings or clauses for adoption as LMA accredited wordings
• Provide a forum for exchanging of views and information between market practitioners
• Liaise with the NMC to undertake other technical activities, establishing working groups as necessary to undertake this work

Key issues

• Supply chain
• Regulatory
• Data and trends
• Emerging Risk
• RIMS, GCMS and other industry conferences