Broker principals Rick and Barb travelled to London recently and were invited to tour the Lloyds insurance building in the centre of the financial district as guests of Myles Smith insurance brokers, based at Lloyd’s.
Lloyd’s commenced in 1686 at Edward Lloyd’s coffee shop, initially selling marine insurance and has grown to become the world powerhouse of insurance. Lloyd’s are used daily by Sarina Insurance to place the more unusual or hazardous risks that Australian insurers will not entertain.
Below is a photo of Rick and Barb standing with the Lutine bell, hung in the centre of the trading floor. This was salvaged in 1857 after HMS Lutine was lost in 1799. It’s rumoured that the ship also carried the Dutch crown jewels, en route from repair in London. It was Lloyd‘s underwriters who insured the Lutine‘s highly valuable cargo. Read more about HMS Lutine here.