loading...
logo

Contingency Committee – 18 June 2025

The committee reviewed final edits to the consumer event cancellation wording, agreeing to publish two versions (expenses only and loss of profit plus expenses) alongside a press release and demands and needs statement. Work will now begin on extensions covering cyber, weather and terrorism. Updates were shared on the US mental health questionnaire, with LSW numbers reserved for California and a merged version for other states. The LMA Academy’s contingency programme received excellent feedback, achieving a record NPS of 70%, with plans to expand delivery to brokers and the company market. Legal advice is being sought from Dentons to confirm the adequacy of the wide communicable disease exclusion across key US jurisdictions. Members discussed the importance of clear communication around exclusion changes and the need for granular data to improve pricing of weather-related claims.