Lloyd's

[ loidz ]
/ lɔɪdz /

noun

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.

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Origin of Lloyd's

named after Edward Lloyd, 17th-century owner of a London coffeehouse that was frequented by insurers against sea risk
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for Lloyd's

Lloyd's
/ (lɔɪdz) /

noun

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 Origin for Lloyd's

C17: named after Edward Lloyd (died ?1726) at whose coffee house in London the underwriters originally carried on their business
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012