Members noted ongoing work on a potential battery degradation clause, reflecting increased adoption of marine battery systems and associated contractual and operational considerations. The Committee discussed the growing use of drones in marine operations, recognising efficiency and safety benefits alongside evolving risks. Further work will explore potential policy wordings and market alignment. Claims inflation remained a focus, with members noting the need to monitor cost drivers and share insights at a market level, while recognising underwriting decisions remain firm-specific.
Updates were provided across subcommittees, including navigation limits, JH143 survey developments, yacht sector initiatives, and cyber wording discussions. Additional discussions covered machinery failure trends and upcoming industry events.