Advise corporate members of Lloyd’s. They recommend their members to particular syndicates. Dedicated vehicles do not use Lloyd’s advisers. The Lloyd’ Advisers Bye-law governs registration and regulation of Lloyd’s advisers. Advisers must show that they have sufficient skill, competence and experience to advise on syndicate participation and must satisfy Lloyd’s on their approach to syndicate analysis. The Council of Lloyd’s has discretion to determine whether an existing or prospective Lloyd’s adviser is ‘fit and proper’.