The JNRC proactively identifies emerging issues, trends and areas of concern relevant to market practitioners, bringing them forward for discussion at the committee’s forum. This ensures that the committee remains responsive to market developments and aligned with the needs of LMA members.
The sustainability focus encompasses efforts to adapt to and promote technologies that reduce environmental impact, supporting the transition to greener alternatives.
As part of its ongoing efforts, the committee published an updated Business Interruption (BI) clause in 2023, aimed at providing clearer guidance in the event of operational disruptions.
The committee is currently addressing the issue of obsolescence, investigating ways to mitigate the effects of outdated equipment within industry. With technological advancements and the push towards more sustainable solutions, the committee is dedicated to staying ahead of emerging trends and ensuring that LMA members are equipped to navigate these changes effectively.
The JPGC helps to develop and issue LMA wordings for use across the market. To receive email notification of new wordings, please subscribe.
12 October 2012
12 October 2012
