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Old taxmen checking name with safe in Lloyds? (7)

Ross

I believe the answer is:

insurer

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'old taxmen checking name' is the definition.
I can't tell whether this definition defines the answer.

'with safe in lloyds?' is the wordplay.
'with' means one lot of letters goes inside another.
'safe' becomes 'sure' (both can mean secure).
'lloyds?' becomes 'r' (I can't justify this - if you can you should believe this answer much more).
'in'+'r'='inr'
'sure' inserted inside 'inr' is 'INSURER'.

Can you help me to learn more?

(Other definitions for insurer that I've seen before include "Company offering protection" , "One offering policy for risk" , "One providing cover" , "one offers chance to cover" , "One covering risk" .)

I've seen this clue in The Sunday Times and The Times.
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