Public Sentiment Extensions for Contingency Business

The LMA’s Contingency Business Panel has published the following model Public Sentiment Extensions:

LMA5648 Public Sentiment Extension (For use with LMA3163)

LMA5649 Public Sentiment Extension (For use with LMA3164)

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.

Steven Dennis
Senior Executive, Technical Underwriting
steven.dennis@lmalloyds.com