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Committee

Sanjiv Sharma

Head of Actuarial and Exposure Management
Committee secretary

Laura Freeman

Chair

Vanessa Jones

Deputy Chair

Key issues covered

The Exposure Management Working Group (EMWG) supports the Lloyd’s market in strengthening catastrophe risk assessment and exposure management practices. Its key areas of focus include:

Engagement with Lloyd’s

Collaborating with Lloyd’s on any proposals or changes that may impact exposure management, ensuring managing agents are represented in decision-making.

Market awareness

Monitoring market developments and initiatives that could influence catastrophe modelling and exposure practices.

Advancing catastrophe modelling

Enhancing the role of catastrophe models in pricing, portfolio management, scenario testing and probabilistic analysis to support data-driven decision-making.

Data quality and standards

Promoting consistent approaches to data quality, benchmarking and standards adoption across the market, ensuring clarity and reliability in exposure data.

Vendor coordination

Acting as the primary liaison with model vendors to clarify technical terminology, reduce confusion and ensure alignment between practitioners and providers.

Multi-model vs single-model considerations

Evaluating the implications and trade-offs between using multiple models versus relying on a single vendor solution.

Knowledge sharing

Exchanging insights on model-related challenges, including hardware requirements, parameter uncertainty and vendor communication practices.

Model change management

Building a shared market understanding of model updates, serving as a reference point for evaluating and interpreting changes across modelling platforms.

Upcoming events

For events hosted online, joining instructions will be emailed to all registered attendees closer to the date of the event no later than 24 hours prior to commencement.
View more events
The California Fair Claims Settlement Practices Regulations apply to all insurance practitioners who handle California claims, whether business is admitted or non-admitted or on a surplus lines basis.
Join the LMA for the International Forum, where we will explore recent and emerging regulatory developments across key overseas jurisdictions relevant to the Lloyd’s market.
Join the LMA for Cyber Placement Insights: A Broker-Underwriting Session, an interactive session designed to support emerging cyber professionals across both underwriting and broking.