The LMA’s Terrorism & Political Violence Committee recently hosted a panel discussion reflecting on 25 years of change in terrorism and political violence underwriting following the events of 11 September 2001.

Drawing on decades of experience across the Lloyd’s and London insurance markets, the panel explored how the market responded to 9/11, the lessons learned and how the terrorism and political violence landscape has evolved over the past 25 years.

The discussion also considered emerging risks, the challenges facing today’s underwriters and how lessons from the past can help the next generation approach risk assessment and management.

The discussion was moderated by:

• Sarah Clayton, Chair of the LMA Terrorism and Political Violence Committee, and Underwriting Performance PVT Portfolio Manager, The Hartford

Panellists included:

• Julian Barker, Chair of the LMA Political Risks, Credit and Financial Contingencies Committee, and Senior Underwriter – Political Risks and Political Violence, NOA Syndicate 3902 – Ark Underwriting
• Mike O’Connor, Co-Founder and Chief Underwriting Officer, Crux Underwriting
• Nicky Ablett, Former Chair of the LMA Terrorism Panel
• Simon Thurgood, Line Underwriter – Credit and Political Risks Insurance, Hiscox

Listen to the full panel discussion below.