Teaming up with... AVIVA

Welcome to the UKGI weekly regulation update service for Aviva ABC brokers

We hope you find the Updates useful. If you are
interested in subscribing to our affordable
ABC compliance support package, please
email us at ABC@ukgigroup.com or
call UKGI on our dedicated ABC
contact line 01925 767893.

LMA’s Medical Malpractices Committee publishes updated Excess Health Care Liability Policies for US risks

Link(s):LMA – Updated Excess Health Care Liability Policies Published by the LMA Medical Malpractice Committee
Summary-of-Changes-to-LMA3172-LMA3173.pdf

Context

The LMA’s Medical Malpractice Committee has produced an updated Excess Health Care Provider’s Liability Policy wording, for use on US risks.  wo variants of the updated wording will be published, the main difference being alternative Claims Co-operation language.

Key points to note and next actions

  • 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.
  • The endorsement amends the insuring agreement under the General Liabilities section of the policy to apply on an occurrence basis.
  • document summarising the main changes to the wording has also been produced.