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Lloyd's Agency Department
The primary role of the Lloyd's Agency Network is to provide a high quality survey and adjusting service for the Lloyd's marine insurance market. Today many underwriters and their assureds throughout the world utilise the services of Lloyd's Agents and evidence of this is usually reflected in the wording of cargo insurance certificates which often incorporate the clause: 'In the event of loss or damage which may result in a claim under this insurance, immediate notice should be given to the Lloyd's Agent at the port or place where the loss or damage is discovered, in order that he may examine the goods and issue a survey report'. It should be noted that in carrying out surveys or other tasks, whether for insurers or other principals, the Agent is being employed directly by these parties and is not acting as an Agent of Lloyd's underwriters unless specifically instructed by them.
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