Article ID: f403ec401df5c0104d26238c879c2053968e73c7aae4933d27e06b183d26f8e7
Source ID: primary:lloyds.com
Published At: -
Extraction Method: trafilatura
URL: https://www.lloyds.com/about-lloyds
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Welcome to Lloyd's Lloyd’s is the world’s leading insurance and reinsurance marketplace. It brings together over 50 leading managing agents, more than 400 registered brokers and a global network of over 2,900 local coverholders. Through this powerful ecosystem, customers can access insurance solutions in 80 countries, reinsurance solutions in 100 countries and offshore reinsurance in over 200 territories. Our company From its humble beginnings in a London coffee shop in 1680 to modern day, the Lloyd’s market has played an important role in the development of the global insurance industry. Headquartered in London, but offering unparalleled access to risk solutions worldwide, Lloyd’s unique market structure – underpinned by a robust financial framework, shared credit ratings and deep underwriting expertise – enables the Lloyd’s market to protect people, businesses and communities when they need it most. Discover what sets Lloyd’s apart from the following insights. Understanding the Lloyd's market Lloyd’s is the world’s marketplace for risk. Discover more about our unique insurance market; how it works and what we insure. Our purpose Everything we do is underpinned by our one unifying purpose – sharing risk to create a braver world. Our history From its beginnings in a coffee house in 1688, Lloyd’s has been a pioneer in insurance and has grown over 330 years to become the world’s largest specialist insurance marketplace. The Lloyd's building Lloyd’s has always been an institution that at once embraces tradition and encourages innovation. This dual spirit is echoed in our award-winning building in Lime Street, London. Corporation governance The Lloyd’s Corporation acts as the market’s independent guardian, responsible for protecting, promoting and providing valued support services to every market participant. Our people The Corporation of Lloyd's and the Lloyd’s market is a destination of choice for talented people from all over the world. We're creating a high-performance culture that attracts and supports the best and brightest, no matter where they come from. Our impact on society At Lloyd’s, we have a long history of working to support the communities around us. Together with our customers, marketplace and partners all over the world, we are working to build a future that is more sustainable, resilient and inclusive. Sustainability Community involvement Investor relations Participation at Lloyd’s is built on three foundations: strong financial performance, underwriting discipline, and global scale. In 2024, Lloyd’s gross written premium reached £55.5 billion, marking a 6.5% increase compared to 2023. 4 of the world’s leading insurance rating agencies recognise our financial strength £9.6bn Profit before tax (FY 2024) £2.9bn Central Fund Policyholders Businesses, governments and communities around the world are grappling with generational challenges. Whether that’s political instability, the transition to renewable energy or the AI revolution. At Lloyd’s, we answer that challenge with tailored insurance solutions and services for policyholders all over the world.
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