Contents

 

Lloyd’s and the London market in context

This section explains what the ‘London market’ is, its origins and who trades there. Click on the workbook to find out more.

• What is the London insurance market?
• Who trades in the London market?

·         How the need for insurance arose

• The first insurance companies and the birth of Lloyd’s

 

The structure and organisation of Lloyd’s

This section explores the structure and organisation of Lloyd’s and where its financial capacity comes from. Click on the workbook to find out more.

• Lloyd’s financial capacity
• Types of business placed at Lloyd’s
• Lloyd’s brokers
• The Corporation and Council of Lloyd’s and the Franchise Board

 

Transacting business at Lloyd’s

This section explains how business is transacted at Lloyd’s. Click on the workbook to find out more.

• Direct contact
• A typical transaction
• Supporting the operation of Lloyd’s
• Claims procedures in the London market