The LMA Political Risk Claims Group brings together experts from across the Lloyd’s market to address political risk claims. It shares market intelligence, develops best practices and advises on complex or emerging claim scenarios. The group supports consistent handling across the market and provides input to the LMA Claims Committee on wider market implications.
The Political Risk Claims Group offers a dedicated forum for discussing key developments and shared challenges in the political risk market. It advises the LMA Claims Committee, drives focused initiatives through sub-groups and supports other sector groups with specialist input. It also leads the annual Political Risk Symposium to foster market-wide collaboration.
The group is committed to creating learning and development opportunities for claims handlers new to the political risk space. Working with ASL, the group will launch a training initiative showcasing all aspects of claim in this exciting class of business.
The group continues to monitor geopolitical situations across multiple jurisdictions, including the Ukrainian conflict with Russia, various South American and African conflicts and the ongoing Israeli/Haas conflict.