Lloyds Insurance Market: Lloyd’s began its business in Edward’s Coffee House in the 17th century. At that time, it was located in the Tower Street. The Coffee House was a common place for merchants and ship captains to meet and share reliable information. Edward Lloyd was the founder of Lloyd’s.
Lloyd’s is basically a specialist insurance market situated in London. It is a corporate body that is governed by the Lloyd’s Act of 1871. Lloyd’s is considered to be the oldest active insurance market. Lloyd’s had insured a French ship which had on board the Lutine Bell. The ship, however, sank and the Lutine Bell is now a part of Lloyd’s and is placed in the Underwriting Room.
Lloyds Insurance Market
As Lloyd’s deals in insurance, there are a variety of policies pertaining to direct insurance and reinsurance which are written by Lloyd. The insurances deal with those relating to property, marine, aviation and such other insurances. The first aviation policy was issued Lloyd’s sometime in 1911. Lloyd’s not only provides insurance cover to those based in Britain but is also equally popular among other countries.
The Nearest Tube Stations to reach Lloyd’s are:
1.Bank Tube Station
2.Monument Tube Station
3.Liverpool Street Tube Station
1.Address & Postcode:- 1 Lime Street, London EC3M 7HA
2.Working Days and Timings:- Monday-Friday from 8.00am-6.00pm
3.Contact:- a.Phone:- +44(0) 20 7327 1000
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