The Contingency Business Panel met on 21st of January 2025, chaired by Richard Gaunt. Key updates included publication of Event Cancellation wordings (LMA3186/3187) and the US Mental Health Questionnaire (LSW1932). Market issues were discussed in sub-groups: US national mourning and public sentiment clauses were updated for UK/US use; cyber wording exclusions were clarified to include “fear or threat” language; and contingency exhibitions and conferences wordings were refined to reduce duplication, review sub-limits, and align exclusions with historical wordings. The Contingency Academy training project for brokers was ongoing and an AI coverage clause for US media was proposed, with a working group to draft definitions. Claims handling for non-appearance losses was reviewed to ensure clarity in indemnity versus “to pay” clauses. Actions were assigned, and 2026 meeting dates confirmed.