Origins
The Lloyd's Agency system was established in August 1811 by the then Committee of Lloyd's. They 'resolved that it is highly important to the interests of Underwriters, that a regular and universal system of intelligence and superintendence should be established in all the Principal Ports and Places, both at home and abroad...', and so the first Agents were appointed at Dover, Deal, Margate, Charleston, Antigua and Madeira.
Worldwide network
The Agency system developed quickly from its inception in 1811 and by the middle of the 19th century a network of over three hundred Agents had been established worldwide. Today it stands at almost 330 Agents and around 250 Sub-Agents. There is scarcely any part of the globe without the presence of a Lloyd's Agent.
Shipping movements
A primary duty of many Agents was, and still is, to provide shipping and casualty information. Today the information is received, collated and published by Lloyd's Marine Intelligence Unit, part of the Informa Group, the publishers of 'Lloyd's List' and 'Insurance Day' newspapers.
Agent qualifications
The basic qualifications to become a Lloyd's Agent have remained unchanged since 1811. An Agent must be resident and well established at the port or place concerned and be of high commercial status and integrity in their local community. Nowadays we also seek high levels of surveying and adjusting skills.
