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Committee

Leigh Allen

Executive, Technical Underwriting
Committee secretary

Sarah Clayton

Chair

Jennie Beard

Deputy Chair

Key issues covered

The committee addresses shifting global threats, including terrorism, SRCC and war-related exposures. It supports the market through the production of model wordings and helps to assess the evolving risk landscape.

LMA Academy training programme

The LMA Academy’s Foundation for Underwriting Terrorism Insurance programme provides foundational knowledge for junior underwriters wanting to learn more about this class of business. The programme, developed by this committee, covers core concepts, market practices, wordings and global risk trends.

Wordings

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

LMA3168 – Model US Terrorism Liability Insurance Policy Published
LMA3167A – Terrorism Liability Insurance Policy (claims made and notified)
LMA5378A – Limited Cyber Extension Endorsement – Property Damage Only
LMA5379A – Limited Cyber Extension Endorsement – Property Damage and Business Interruption Only (for use with Terrorism and Political Violence Policies)
LMA5409 – Cyber and Data Exclusion (for use with Terrorism and Political Violence Policies)
LMA5583B – Territorial Exclusion: Russia, Ukraine and Belarus
LMA3092A – Riots, Strikes, Civil Commotion, Malicious Damage, Terrorism and Sabotage Insurance
LMA3030A – Terrorism Insurance Physical Loss or Physical Damage Wording

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.