Lloyd's

[loidz]

noun

1. an association of independent English insurance underwriters, founded in London about 1688, originally engaged in underwriting only marine risks but now also issuing policies on almost every type of insurance.

Lloyd's

/ lɔɪdz /

noun

1. an association of London underwriters, set up in the late 17th century. Originally concerned exclusively with marine insurance and a shipping information service, it now subscribes a variety of insurance policies and publishes a daily list ( Lloyd's List ) of shipping data and news

Word History and Origins

Origin of Lloyd's¹

Named after Edward Lloyd, 17th-century owner of a London coffeehouse that was frequented by insurers against sea risk

Word History and Origins

Origin of Lloyd's¹

C17: named after Edward Lloyd (died ?1726) at whose coffee house in London the underwriters originally carried on their business