Lloyd’s of London is an insurance company in the British Empire.
History[]
Background[]
The company began in 1686 in Lloyd’s Coffee House in London, owned by Edward Lloyd. The establishment was a popular place for sailors, merchants and shipowners, and Lloyd provided them with reliable shipping news. The coffeehouse soon became recognized as an ideal place for obtaining marine insurance. Lloyd’s soon obtained a monopoly on maritime insurance.
Season Three[]
Lloyd’s of London provides insurance forWoodes Rogers and his fleet in his venture to civilize Nassau.
After the Willing Mind is damaged during the escape of the Pirate Fleet, Rogers is forced to write petitions to Lloyd’s, explaining that the damage to the ship was through no fault of their own and is thus, insurable. Rogers tells Eleanor Guthrie that he believes that in a month, a clerk somewhere in Cornwall will write to Charles Vane and ask him for his version of the events that transpired. They will then withhold payment for years, awaiting his response. Rogers then jokes that if there were ever a time when he desired to tear down the British flag and declare himself in open rebellion against the Crown, it’s when dealing with the insurance companies.
Quotes[]
"What is that?"
"Petitions to the Lloyds, attesting to the fact that the damage to the "Willing Mind" last night was no fault of ours and thus insurable. A month from now, somewhere in Cornwall, a clerk will be asked to draft a letter to Charles Vane, asking for his version of events. And they'll withhold payment for years, awaiting his response. Between you and I, if there were ever a moment in which I sympathized with the desire to tear down the flag and declare myself in open rebellion against the Crown, it's when dealing with the insurance company."
- Eleanor Guthrie and Woodes Rogers in XXIII.
