Members who wish to buy and sell securities within their funds at Lloyd's must first appoint a stockbroker or investment manager (firm) to trade on their behalf.  

The firm must be FCA authorised and is required to enter into a Master Agreement with Lloyd's, which in turn will allow members to appoint the Firm.

To check whether a Firm has already entered into a Master Agreement, please contact the Compliance and Membership Team on +44 (0)1634 392565, or email complianceandmembership@lloyds.com. If a Master Agreement is not in place, the Compliance and Membership Team will liaise with the Firm to be appointed, to advise of the requirements and to arrange for an agreement to be completed accordingly.

Once it has been established that a Firm has a Master Agreement in place, members can proceed in appointing the Firm by completing a Lloyd's Form of Appointment . To arrange for a form to be issued, please contact the Compliance and Membership Team on +44 (0)1634 392565 or email complianceandmembership@lloyds.com.

The completion of a Lloyd's Form of Appointment by a member / depositor and the firm, brings into effect a Customer Agreement between the member / depositor, the firm and Lloyd's.

Lloyds Customer Agreement Member

Lloyds Customer Agreement Depositor