Lloyd's Market Association Bulletin

LMA20-046-IR | 01 December 2020

Cyber Clauses for use in conjunction with Contingency Risks

In order to satisfy Lloyd's Bulletin Y5277, the LMA Contingency Business Panel has published a suite of model cyber clauses. 

  • LMA5460 Cyber Exclusion (For use in conjunction with Contingency Risks) 

  • LMA5461 Limited Cyber Extension No.1 (For use only in conjunction with Lloyd’s Contingency Policies that contain exclusion LMA5460)

  • LMA5462 Limited Cyber Extension No.2 (For use only in conjunction with Lloyd’s Contingency Policies that contain exclusion LMA5460)

  • LMA5463 Limited Cyber Extension No.3 (For use only in conjunction with Lloyd’s Contingency Policies that contain exclusion LMA5460)

  • LMA5464 Limited Cyber Extension No.1 (For use only in conjunction with Contingency Policies that don’t contain exclusion LMA5460)

  • LMA5465 Limited Cyber Extension No.2 (For use only in conjunction with Contingency Policies that don’t contain exclusion LMA5460)

  • LMA5466 Limited Cyber Extension No.3 (For use only in conjunction with Contingency Policies that don’t contain exclusion LMA5460)

As with all LMA model clauses, they are purely illustrative and are distributed for the guidance of LMA members, who are free to agree to different conditions or amend as they see fit. These clauses are available on the Lloyd’s Wordings Repository (LWR), which can be accessed via www.lloydswordings.com


Contacts

Ioanna Romanou
Senior Technical Executive, Underwriting
Ioanna.Romanou@lmalloyds.com

Alison Colver
Head of Contract Wordings
Alison.Colver@lmalloyds.com