The group welcomed new members and confirmed both co-chairs would stand for a final term. Velonetic presented on ICOS reinsurance functionality, reaffirming alignment with existing systems and use of RICG to share updates with the market. Members reviewed progress on 2025 priorities, including ReConnect, PCS Canada access, advanced payments, broker engagement and proportional treaty standards. A sub-group was formed to review advanced payment protocols with LMA’s legal team. Planning for ReConnect 2026 has started. Market slides on CATs were shared, and members were encouraged to join at least one initiative subgroup ahead of the next meeting in May.