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Committee

Katie Clark

Executive, Technical Underwriting
Committee secretary

Dele Fajimolu

Senior Executive, Technical Underwriting
Committee secretary

Clive Magnus

Chair

Richard Dare

Deputy Chair

Lorraine Mackey

Deputy Chair

Key issues covered

The JNRC and its sub-committees – offshore wind, survey and engineering, wordings – are a representative forum for the London marine energy market, facilitating the discussion of common issues or concerns.

Energy Exploration and Development Insurance 8/86 Form

The Joint Natural Resource Committee (JNRC) and Joint Energy Claims Group (JECG) have undertaken a review of the Energy Exploration and Development Insurance 8/86 Form (EED 8/86). The purpose of this review was to update and clarify certain areas within EED 8/86, rather than a full rewrite.

There has been a comprehensive consultation process overseen by the Joint Natural Resource Committee (JNRC) and the Joint Energy Claims Group (JECG).

Technical documents

The JNRC’s Survey and Engineering Sub-Committee publishes technical documents for the market, including:

  • Good Practice Guidelines
  • Guideline Scopes of Work (SOW) with supporting Codes of Practice (COP) for Marine Warranty Survey and other Risk Consultant activity carried out as an assurance activity as part of wider insurance provision.
  • Lessons learned documents, an educational resource designed to raise greater awareness of major upstream energy losses and incidents.  

Visit the Survey and Engineering Sub-Committee page to access the documents.

Wordings

The JNRC helps to develop and issue LMA wordings for use across the market. To receive email notification of new wordings, please subscribe.

JNR2022-037A – War Exclusion & Terrorism Buyback
JR2022-034 – JR Cable Protection Clause

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 LMA is delighted to invite HR directors in the Lloyd's market to attend the next HRD Forum.
This event will coincide with the publication of two new Barnett Waddingham reports: a market survey on AI risk management and a practical AI best practice guide. The session will explore key findings from the research and examine how firms are approaching governance, oversight and operational implementation of AI tools.