Updates on the KA Form highlighted no outstanding issues, with the wording now referred to the LMA Wordings Committee. Profit commission clause drafts were being finalised, with discussions on evergreen variants deferred. Updates on master and group policies were pending Lloyd’s feedback. A working group was established to review older model wordings for relevance and accuracy. The committee effectiveness survey revealed mixed opinions on membership size and meeting structure. Discussions included the importance of inviting guest speakers for broader industry insights. Lloyd’s bulletin Y5438 and US sport losses were flagged for future agenda items.