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

More than 20 ships have been hit, or suffered near misses, since the conflict began, according to Lloyd’s List, a marine-data provider.

From The Wall Street Journal

There’s a method to Lloyd’s madness, though.

From The Wall Street Journal

Lloyd’s old-school approach has worked wonders this season.

From The Wall Street Journal

Unlike the rest of the sport, Lloyd’s Wildcats hardly shoot 3-pointers.

From The Wall Street Journal

Ships using this route must pay a substantial fee, according to maritime data company Lloyd's List Intelligence, which invented its nickname.

From Barron's