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“Lloyd’s crest .. 100
years of continuous representation of Lloyd’s interests in Saudi Arabia…”
The Lloyd’s Agency title was granted more than 100 years ago to AET’s
predecessors, Gellatley Hankey, and AET was proud to have the opportunity to continue to
represent Lloyd’s of London in this prestigious and important role. A Lloyds Agent is
expected to be “of high commercial integrity and be resident in the port or country
concerned” requirement’s which AET amply fulfills.
AET duties as Lloyd’s Agents increased considerably during Saudi
Arabia’s dramatic industrial expansion and, as a consequence, a separate internal
company was setup to manage the Lloyd’s Agency function. The Arabian Inspection and
Survey Company Ltd. (AIS)  now collect news of daily shipping movements in Saudi Arabian waters as well
as reporting shipping and aviation casualties and non-marine disasters to Lloyd’s in
London. AIS acts on behalf of the Institute of London Underwriters, the American Institute
of Marine Underwriters, CESAM, France, Verein Hamburg and Bremerhaven as well as major
Marine Insurance associations. Representing international Classification Societes and
offering a comprehensive range of cargo surveying and loss adjusting services, AIS is a
very active company staffed by qualified, professional people. |
