If you were a British shipowner or sea captain in late 17th century England before your ship was to set sail for the New World you were likely to make a trip to Edward Lloyd’s Coffee House located on Tower Street in London. Lloyd’s had become a popular gathering place for ship owners, merchants using […]
Month: January 2022
Understanding Insurance Risk for Accurate Policy Writing
If you’ve ever watched a Grand Prix motorcycle racer whipping around the curves with parts of his body mere inches from the track surface, you may have wondered why anyone would willingly take such an obvious risk. When looking at this scene from an insurance risk perspective, you’ll see the risk of: Damaging/destroying the GP […]