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International Professional Liability Committee – 14 August 2025

The Emerging Talent Group had not met since the last meeting, with updates expected next time. The committee was informed that the AI paper had received legal approval, with publication planned for early September. The Non-Marine Committee update covered progress on the LMA Spring Clean Project and ongoing development of three model profit commission clauses. Claims updates noted an upcoming FI/PI podcast, concerns around brokerage being added to claims handling, and the market impact of recent motor finance decisions. IUA and E&O updates highlighted further ICOS delays, Crystal+ registration requirements, issues with new RICS wording, SMB guidance in development, and legal trends including DPA-related claims and use of LMA5670 alongside LMA3100a.