The Updated Energy Exploration and Development Insurance 8/86 Form webinar took place and the recording is available to view below.
Hosted by the LMA, the session brought together those with an interest in the Energy Exploration and Development Insurance 8/86 Form to hear an overview of the changes following a detailed review by the Joint Natural Resource Committee and the Joint Energy Claims Group.
During the webinar, Elliot Boler, Senior Associate at Clyde & Co, outlined the updates made to the form, explained the rationale behind the changes and highlighted areas that have been clarified as a result of the consultation process. The review focused on updating and clarifying specific provisions rather than undertaking a full rewrite of the standard form, which is now issued as Energy Exploration and Development Insurance 8/86, revised 11/25.
This recording is available to full LMA members only.
If you have any questions, please contact Dele Fajimolu.