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  • Lloyd's of London
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  • Lloyd's of London (also known simply as Lloyd's) is an insurance market located in London's primary financial district, the City of London. It serves as a partially mutualised marketplace where multiple financial backers, known as underwriters, or "members", both individuals (traditionally known as "Names") and corporations, come together to pool and spread risk. Unlike most of its competitors in the industry, it is not a company but it is a corporate body governed by the Lloyd's Act of 1871 and subsequent Acts of the Parliament of the United Kingdom. More information on the Wikipedia page [1]
  • The market began in Edward Lloyd's coffeehouse around 1688 in Tower Street, London. His establishment was a popular place for sailors, merchants, and ship owners and Lloyd catered to them with reliable shipping news. The shipping industry community frequented the place to discuss insurance deals among themselves. Just after Christmas 1691, the coffee shop relocated to Lombard Street (a blue plaque commemorates this location). This arrangement carried on long after Lloyd's death in 1713 until 1774 when the participating members of the insurance arrangement formed a committee and moved to the Royal Exchange as The Society of Lloyd's.
  • Lloyd's of London was an insurance market founded in Great Britain on Earth in the 17th century. It served as a meeting place for financial backers to come together in order to pool and spread the risk of their business ventures. Lloyds continued to exist into the 23rd century, when they insured interstellar cargo transported by space freighters. The cargo transported by Captain Anne Gauvreau on the SS Ian Shelton from Intrator II to Hanover in 2269, valued at nearly a hundred thousand credits, was insured by Lloyds. (TOS novel: Prime Directive)
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abstract
  • Lloyd's of London (also known simply as Lloyd's) is an insurance market located in London's primary financial district, the City of London. It serves as a partially mutualised marketplace where multiple financial backers, known as underwriters, or "members", both individuals (traditionally known as "Names") and corporations, come together to pool and spread risk. Unlike most of its competitors in the industry, it is not a company but it is a corporate body governed by the Lloyd's Act of 1871 and subsequent Acts of the Parliament of the United Kingdom. More information on the Wikipedia page [1]
  • Lloyd's of London was an insurance market founded in Great Britain on Earth in the 17th century. It served as a meeting place for financial backers to come together in order to pool and spread the risk of their business ventures. Lloyds continued to exist into the 23rd century, when they insured interstellar cargo transported by space freighters. The cargo transported by Captain Anne Gauvreau on the SS Ian Shelton from Intrator II to Hanover in 2269, valued at nearly a hundred thousand credits, was insured by Lloyds. (TOS novel: Prime Directive) The insurer is referred to simply as "Lloyds" in this novel, perhaps indicating that it was no longer based in London by this time.
  • The market began in Edward Lloyd's coffeehouse around 1688 in Tower Street, London. His establishment was a popular place for sailors, merchants, and ship owners and Lloyd catered to them with reliable shipping news. The shipping industry community frequented the place to discuss insurance deals among themselves. Just after Christmas 1691, the coffee shop relocated to Lombard Street (a blue plaque commemorates this location). This arrangement carried on long after Lloyd's death in 1713 until 1774 when the participating members of the insurance arrangement formed a committee and moved to the Royal Exchange as The Society of Lloyd's.