Lloyd’s Market Association Bulletin

The LMA’s Medical Malpractice Committee has produced an updated Excess Health Care Provider’s Liability Policy wording, for use on US risks. Two variants of the updated wording will be published, LMA3172A (XHCP25(A)) and LMA3173A (XHCP25(B)) – the main difference being alternative Claims Co-operation language. The previous versions of the policy (LMA3172 and LMA3173) will be archived on the Lloyd’s Wordings Repository (LWR).

An Occurrence – General Liability Endorsement has been released for use with the updated wording (LMA5680 for use on LMA3172A and LMA5681 for use on LMA3173A). The endorsement amends the insuring agreement under the General Liabilities section of the policy to apply on an occurrence basis.

A document summarising the main changes to the wording has also been produced.

All LMA model documents are purely illustrative and are published and distributed for the guidance of Lloyd’s managing agents, brokers and other market participants. All contracting parties are free to agree to different conditions/amend the model documents as they see fit; the LMA does not protect its intellectual property rights over model documents. It is for underwriters to decide whether or not any contractual language is acceptable on any given risk. Model documents are available on the Lloyd’s Wordings Repository (LWR).

Katie Clark
Executive, Technical Underwriting
katie.clark@lmalloyds.com

Steven Dennis
Senior Executive, Technical Underwriting
steven.dennis@lmalloyds.com