Lloyd's of London

Definition

Lloyd's of London is a facility under which separate insurers can accept or reject to insure the risks presented to them by a broker.Many important precedents for the insurance industry are set by Lloyd's.

Use Lloyd's of London in a sentence

He worked in the Lloyd's of London facility and we all thought that he must be really rich and really successful in his life.

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Because Mary's livelihood was due to her hands and being a hand model, she decided to go to lloyd's of London to have them insured.

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The Lloyd's of London risk information knowledge communicated to us was of considerable benefit in determining the best way to handle the risk.

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Lloyd's broker slip