LMA 5567B - VariantWar and Cyber Operation Exclusion (variant, insured carve-out)
Exclusion guerre et opération cyber (variante, garde-fou assuré)
2023-01-18War cyber 2023Type 4No attribution clause
Widest coverage (bystanding write-back) Official text
War and Cyber Operation Exclusion
1. This insurance does not cover that part of any loss, damage, liability, cost or expense of any kind (together "loss") resulting from:
1.1. a War;
1.2. a Cyber Operation that is carried out as part of a War by sovereign states that are parties to the War; or
1.3. a Cyber Operation causing an Impacted State.
Provided, however, paragraph 1.3 shall not apply to a Cyber Operation on a Computer System used by the Insured or its third-party service providers that is not physically located in an Impacted State.
Definitions
The following definitions apply for the purposes of this exclusion only:
Computer system means any computer, hardware, software, communications system, electronic device (including but not limited to, smart phone, laptop, tablet, wearable device), server, cloud infrastructure or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device, networking equipment or back up facility.
Cyber Operation means the use of a Computer System by, at the direction, or under the control of a sovereign state to disrupt, deny access to, degrade, manipulate or destroy information in a Computer System of or in another sovereign state.
Essential Services means services that are essential for the maintenance of vital functions of a sovereign state including but not limited to financial institutions and associated financial market infrastructure, health services or utility services.
Impacted State means a sovereign state where a cyber operation has had a major detrimental impact on:
(1) the functioning of that sovereign state due to critical disruption to the availability, integrity or delivery of Essential Services in that sovereign state; and/or
(2) the security or defense of that sovereign state.
Provided, however, an Impacted State shall not result from an attack, or related series of attacks, solely impacting the Insured.
War means armed conflict involving physical force either:
(1) by a sovereign state against another sovereign state, or
(2) as part of a civil war, rebellion, revolution, insurrection, military action or usurpation of power; regardless of whether war is declared.
[Notes de marché jointes à la variante :
1. L'absence d'attribution implique que, pour être conformes, les managing agents devront expliquer à Lloyd's comment ils entendent traiter l'attribution.
2. La définition d'Impacted State est rédigée de sorte que l'exclusion 1.3 ne se déclenche pas lorsque l'opération cyber n'impacte que l'assuré. Lloyd's cherchera à comprendre les contrôles de souscription en place.]
Official text LMA ↗Covered scope
Aussi large que la 5567A, avec une protection supplémentaire pour l'assuré : un sinistre cyber qui ne touche que lui ne peut servir à qualifier un État impacté, ce qui évite que l'exclusion 1.3 ne se retourne contre une cible isolée.
Excluded scope
Guerre, opération cyber de guerre menée par des États parties au conflit, et opération cyber rendant un État impacté au-delà du seul assuré.
Use cases
Intéressante pour des assurés à forte valeur cible qui craignent qu'une attaque étatique les visant spécifiquement ne soit requalifiée en événement systémique excluant. Le garde-fou solely impacting the Insured répond directement à ce risque.
Limitations
Sans clause d'attribution, la conformité Lloyd's suppose un protocole d'attribution documenté en amont, comme le rappellent les notes de marché. Le périmètre exact de attack solely impacting the Insured peut prêter à discussion en cas d'attaque à propagation large partie d'une cible unique.
Context
Variante sans attribution de la 5567B, enrichie d'un garde-fou protecteur de l'assuré et accompagnée de notes de conformité Lloyd's.
Ces contenus sont reproduits et commentés à titre pédagogique. Pour tout usage contractuel, se référer aux textes officiels publiés par la Lloyd's Market Association et à l'avis d'un juriste assurance. AlgoPolis n'est pas un conseil juridique.
Legal disclaimer
English texts are reproduced for educational purposes from official LMA sources.
French translations are unofficial and produced by AlgoPolis for educational purposes only.
Purely informational tool. No personal data collected, no trackers.
Type classification inferred by AlgoPolis from official Lloyd's definitions, to be confirmed with the LMA.