Lloyd's of London

Abstract

This famous establishment is unique among the world's insurance organizations. It is an international market whose members cooperate with each other, compete against each other, and compete too against other insurance organizations. The scope of its operations and their diversity, the flexibility of its underwriters and their versatility, the speed at which business can be transacted, and above all its integrity, have made Lloyd's of London a familiar and respected name throughout the world. Its history alone is evidence enough of its capacity to survive and flourish, and to adapt and evolve in a rapidly changing world.

Citation

Allen OBE, B. (1980), "Lloyd's of London", Education + Training, Vol. 22 No. 5, pp. 152-155. https://doi.org/10.1108/eb016723