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Guidance on Scope of Market Reform Contract v1.2 & Market Reform Contract (Lineslip Declarations) v1.0 published August 2008

Matters outside the scope of these publications:

The following matters are the subject of separate ongoing discussions between the Market Associations and with Lloyd's. Any conclusions arising from these discussions will be the subject of separate Market/Association Bulletins.

  • Whether the adoption of the European Federation of Insurance Intermediaries (BIPAR) high-level principles, relating to the placement of risks with multiple insurers, should be reflected within market guidance and practice.
  • Whether a new Several Liability clause should be developed, and used, for Lineslip Declarations.
  • Development of Model Subscription Agreement content to cater for the needs of all sectors of the market.