Following market feedback the LMA has made a number of minor changes/corrections to the Cyber War & Cyber Operation Clauses published on 18 January, including:
Please use the versions below or download the updated clauses from the Lloyd’s Wordings Repository.
LMA5564A
LMA5564B
LMA5565A
LMA5565B
LMA5566A
LMA5566B
LMA5567A
LMA5567B
All LMA model clauses 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 clauses as they see fit; the LMA does not protect its intellectual property rights over model clauses. It is for underwriters to decide whether or not any contractual language is acceptable on any given risk. The clauses are available on the Lloyd’s Wordings Repository (LWR).
Patrick Davidson
Underwriting Director
patrick.davidson@lmalloyds.com