Lloyd's

American  

[loidz] / lɔɪdz /

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.

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Lloyd's British  

/ 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

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Etymology

Origin of Lloyd's

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

Example Sentences

“Lloyd’s is a huge, protective club,” said Inga Beale, its first and only female chief executive, who left in 2018.

From The Wall Street Journal

“A lot has been tolerated for way too long,” Sandra Lewin, who left Lloyd’s as a portfolio manager in 2021 and now hosts an industry podcast, wrote on social media.

From The Wall Street Journal

The influence of Lloyd’s reaches far beyond its steel-and-glass-sheathed London office, with it insuring everything from planes to cyberattacks in more than 200 countries.

From The Wall Street Journal

Lloyd’s alumni fill C-suites in the U.S. and beyond.

From The Wall Street Journal

The uphill nature of Lloyd’s battle to stamp out sexism and racism reflects endemic issues in the wider insurance world, according to people close to Lloyd’s.

From The Wall Street Journal