The panel discussed potential AI loss scenarios, covering risks like self-driving cars, water supply contamination and autonomous weapons. Feedback from members will inform the CUO Committee and discussions with Lloyd’s. Updates were provided on profit commission clauses, with the working group meeting with LMA’s legal team to refine the drafts. The KA-Form update was approved, aligning with UK consumer guidelines. Members were reminded to complete the effectiveness survey by the end of January. A brief discussion covered master policies and group binders, focusing on reporting requirements and practical considerations for future updates.