Hosted tour 4 people at Lloyds of London
Description
Edward Lloyd, the man whose coffee shop would eventually become the world’s oldest and largest insurance market, was never an insurer; he was a facilitator, providing the platform upon which underwriters and brokers built the modern insurance industry. As a maritime nation expanded its influence and established trading routes across the globe, Lloyd's coffee shop by the river Thames became the centre of marine intelligence and founded the modern insurance industry.
More than three centuries later, the Lloyd’s Corporation continues to act as the market’s independent guardian, responsible for protecting, promoting and providing valued support services to every market participant.
Your host Roger Foord will facilitate your behind the scenes across the trading floors and a look into the history of the Lloyds , a peek at the Board room relocated to the “ New Building “ The new Lloyd’s building at One Lime Street, designed by Richard Rogers, was officially opened by Her Majesty Queen Elizabeth 11 in 1986. The youngest ever building to be granted Grade I status, the new Lloyd’s headquarters was nicknamed “the oil rig of Lime Street” because its pipes, lifts and ‘pods’ were built on the outside of the building in order to maximise the space inside. After your tour you will retire to a local hostelry for well earned refreshment. Dates will be arranged with the successful bidders .
Until 2020 most business written at Lloyd’s was conducted face-to-face in the world famous Underwriting Room at Lime Street headquarters. Since the global pandemic Lloyd’s has rapidly adapted to the challenge of remote and hybrid working, accelerating the adoption of digital collaboration. On any day, ‘The Room’ welcomes more than 3,000 people, sees more than £100m in premiums come into the market and on average £53m is paid out in claims every day.