Presentation slides from the recent Joint Power Generation Committee event, When Gigawatts Meet Gridlock: US Data Center Loss Analysis, are now available to view.

The session explored the evolving construction, operational, underwriting and claims risks associated with the rapid expansion of US data centre infrastructure and onsite power generation. Discussions covered the increasing use of microgrid and hybrid grid configurations, alongside the growing complexity of associated property, power and construction exposures.

Topics explored included:

• supply chain risks affecting critical energy infrastructure
• regional inflationary pressures impacting skilled labour and industrial construction projects
• current US tariff conditions
• course-of-construction failure issues
• underwriting and claims considerations arising from the accelerating US data centre boom.

Speakers:

• Matthew Senn, Renewable Energy Services Director, Halliwell
• Marc Giovannetti, Energy & Engineered Risk US Director, Lloyd Warwick

The LMA, in conjunction with Wotton Kearney Australia, is delighted to run the LMA Third Party Claims Educational Programme for Singapore and Australia for the second time. A slightly extended scope to the inaugural trip, the programme will now cover general liability, financial and professional lines.

In our latest video, hear from last year’s delegates on their key takeaways, favourite memories and how the trip has helped them in their careers.

For more information and to apply, please visit our dedicated page.

The LMA NexGen Claims Leadership Group is a shadow committee to the LMA Claims Committee, which operates as an Executive Board for claims within the Lloyd’s market. NexGen aims to increase engagement with the next generation of claims leaders at a time when the strategic priorities and objectives of Lloyd’s and the market would benefit from those who will live with the future, developing the future.

In this latest instalment of the NexGen Claims Leadership Group video series, members discuss the key skills and qualities that help claims professionals succeed in today’s Lloyd’s market.

Featuring:
Briony Healey, Senior Claims Adjuster, Markel International
Matthew Grottick, Assistant Claims Manager, Brit Insurance
Rebecca Hill, Claims Adjuster, IQUW
Harry Tucker, Claims Adjuster, AXIS Capital

The discussion explores the importance of communication, relationship building, technical knowledge and adaptability in claims roles, alongside the personal qualities that support career development in a fast moving and collaborative market environment.

This video is part of a broader LMA initiative to support leadership development and talent progression across the Lloyd’s market.

Watch the video below to hear their perspectives on the skills shaping the next generation of claims professionals.

Missed the previous videos in the series? Catch up on the NexGen Claims Leadership Group collection here.

On 13 May, the LMA jointly hosted a session on war and terrorism insurance with Antares.

The session explored why contract terms such as undeclared war, civil war, terrorism, insurrection and hostilities are increasingly difficult to define – and what this means for underwriting, claims and reinsurance recoveries in an era shaped by cyber risk, hybrid conflict, proxy actors and rising geopolitical tension.

Attendees heard from:

• Arabella Ramage, Legal and Regulatory Director, LMA
• Neil Roberts, Head of Marine and Aviation, LMA, Secretary of the Joint War Committee
• Wesley Selwyn, Class Underwriter, Terrorism, Antares
• Nick Lang, Class Underwriter, Antares

Download the slides here and watch the recording below.

The LMA convened an online briefing to consider financial crime and sanctions questions arising for insurers with respect to the insurance of commercial shipping transiting the Strait of Hormuz.

The briefing was led by John Kimbell KC (Quadrant Chambers), with UK Terrorism Act and other financial crime considerations to be highlighted by Richard Neylon (Holman Fenwick Willan LLP).

The speakers outlined their key legal conclusions, in particular in relation to:

• The sanctions and financial crime implications for existing and new marine coverages.
• Payment of transit fees for the Strait.
• Safeguards that insurers should be considering.
• Related reporting and compliance issues.

Download the presentation slides here.

The LMA NexGen Claims Group is a shadow committee to the LMA Claims Committee, which operates as an Executive Board for claims within the Lloyd’s market. NexGen aims to increase engagement with the next generation of claims leaders at a time when the strategic priorities and objectives of Lloyd’s and the market would benefit from those who will live with the future, developing the future.

In this latest instalment of the NexGen Claims Group video series, the group share their perspectives on the critical role that claims plays across the insurance lifecycle and the wider Lloyd’s market.

Featuring:
Briony Healey, Senior Claims Adjuster, Markel International
Matthew Grottick, Assistant Claims Manager, Brit Insurance
Harry Tucker, Cyber Claims Manager, AXIS Capital
Anthony Simons, Marine Claims Manager, Talbot Underwriting
Victoria Soman, Senior Claims Adjuster, Canopius Group

Drawing on their day to day experience, the group discusses how effective claims handling supports client outcomes, strengthens underwriting performance and contributes to market reputation. They also reflect on the importance of collaboration, communication and technical expertise in delivering value throughout the claims process.

This video is part of a broader LMA initiative to support leadership development and talent progression across the Lloyd’s market.

Watch below to learn more about the impact of claims and why it remains central to the success of the Lloyd’s market.

Missed the previous videos in the series? Catch up on the NexGen Claims Group collection here.

This content is password-protected. To view it, please enter the password below.

Password:

In this episode of LMA Talks, the LMA Exposure Management Casualty Working Group discusses the evolving challenges facing exposure managers today.

The podcast examines the key issues challenging the casualty market, from regulation to data.

Podcast guests include:

• Michelle Gascoin, Catastrophe Research Manager, Berkley Specialty
• William Hale, Head of Non-Nat Cat, QBE
• Vanessa Jones, Head of Exposure Management, Dale Underwriting Partners
• Stephanie Nightingale, Group Head of Exposure Management, Chaucer
• Lauren Restell, Non-Natural Catastrophe Risk Specialist, Lloyd’s

Following the recent non-marine underwriting committee elections, please see below for the successful candidate(s) for each committee:

LMA Terrorism and Political Violence Committee

Following the recent ballot, nine individuals have been elected as members to the LMA Terrorism and Political Violence Committee for a three-year term:

• James MacDonald – Aegis
• Andrew Page – Apollo
• Mark Steddon – AXA XL
• Alex Heywood – Axis
• Chris Parker – Beazley
• Laura Goldsworthy – Brit
• Daniel Callow – IQUW
• Adam McGrath – Mosaic
• Paul Beattie – Talbot

A full list of panel members appears on the TPV page.

Joint Power Generation Committee

Following the recent ballot, eight individuals have been elected as members to the Joint Power Generation Committee (JPGC) for a three-year term:

• Alice Ramsay – Chubb (LMA)
• Laurence Talbot – Beazley (LMA)
• Stuart Brazier – Berkshire Hathaway Specialty Insurance (IUA)
• Lesley Borg – Aspen (LMA)
• Matthew Cook – Munich Re (IUA)
• Stefan Geisse – SCOR (IUA)
• Stephen Sykes – Talbot (LMA)
• Tom Jennings – Travelers (LMA)

A full list of panel members appears on the JPGC webpage.

LMA Personal Accident Committee

Following the recent election nomination requests, the number of nominees did not exceed the number of places available, so no election was necessary. Six individuals have been elected as a member to the Personal Accident Business Panel for a five-year term:

• Tom Ing – Apollo
• Jessian Randall – AXA XL
• John Milne – Brit
• Adam Zawia – MS Amlin
• Emma Gairdner – RenaissanceRe
• Giles Berkshire – Travelers

A full list of panel members appears on the PA page.

We would like to thank everyone who participated in the election process.

David Powell
Head of Technical Underwriting
david.powell@lmalloyds.com