Lloyd’s Market Association Bulletin

The LMA’s Terrorism & Political Violence Business Panel has published two model cyber clauses for use with terrorism and political violence policies – LMA5668 and LMA5669.

• LMA5668 is a cyber exclusion with a limited extension (Property Damage only) based on a ‘hybrid’ of LMA5378A and LMA5409A.
• LMA5669 is a cyber exclusion with a limited extension (Property Damage and Business Interruption) based on a ‘hybrid’ of LMA5379A and LMA5409A.

When using LMA5668 or LMA5669, please note that these clauses must be amended to ensure that the cover purchased by the insured and the ‘limited cyber sub-limit’ amounts are specified. For more information, please see the attached guidance.

All LMA model documents 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 documents as they see fit; the LMA does not protect its intellectual property rights over model documents. It is for underwriters to decide whether or not any contractual language is acceptable on any given risk. Model documents are available on the Lloyd’s Wordings Repository (LWR).

Guidance Note to LMA5668 and LMA5669.

Toby Clark
Executive, Technical Underwriting
toby.clark@lmalloyds.com