ABSTRACT
Lloyd’s Agents are agents of the Corporation of Lloyd’s rather than the Underwriters. The global network comprises over 400 main Lloyd’s Agents and over 500 Lloyd’s Sub-Agents. The first Lloyd’s Agency appointments were made in 1811, primarily for the reporting of shipping movements and although most Agents still carry out this function their main role today is one of conducting or arranging surveys on ships and cargoes. About 250 Agents have also been granted authority to adjust and settle claims arising under Lloyd’s certificates of insurance.
