Summary |
This is a practical guide to the inner workings of the largest insurance market in the world – Lloyd’s of London.
The opening chapters chart the evolution of Lloyd’s from its origins as a coffee house, and include glimpses of some of the colourful characters who have helped to shape the modern Lloyd’s
Subsequent chapters describe the people who make up the Lloyd’s of today – its members, underwriting agents, active underwriters, syndicates and brokers. The administration of Lloyd’s the role of its staff and its internal associations are all detailed fully and clearly.
Later chapters examine the relationship of Lloyd’s to insurance companies and to the state. A separate chapter examines the lives and contributions of three of Lloyd’s greatest men-john Julius Angerstein, Henry Hozier and C E Heath.
The well-publicised controversies which have led to major changes in Lloyd’s internal structure and regulation are fully discussed and the book concludes with a useful glossary and bibliography.
Fully illustrated with photographs, this up-to-date analysis of a complex and fascinating institution will certainly be relevant for members of Lloyd’s and for others in the insurance field, and will also be useful reading for students of insurance and commerce, as well as of interest to the general reader.
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