What does Lloyds of London mean? Read on to discover the definition & meaning of the term Lloyds of London - to help you better understand the language used in insurance policies.
Lloyds of London
An association of independent underwriters operating in England. It is not an insurance company; rather, it operates as a marketplace for large and/or unusual insurance exposures where brokers representing insurance applicants are able to contract with underwriters offering coverage.
We hope the you have a better understanding of the meaning of Lloyds of London.