The PIU Communicator Library

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Another Milestone for a Grand Organization - Monday, March 31, 2014

Thursday, March 27, 2014 marked the celebration of the 325th anniversary of the Lloyd’s of London insurance market which was founded in a 17th century London coffee house frequented by merchants and ship captains seeking to spread marine and cargo risks…

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The Security of a Disability Policy Backed by Lloyd’s - Tuesday, April 10, 2012

Many Insurance Agents become concerned when they read government required affidavits that are attached to Surplus Lines insurance policies. “THIS INSURER IS NOT ADMITTED IN THIS STATE AND IS NOT SUBJECT TO THE FINANCIAL REGULATION THAT APPLY TO THIS STATE, INCLUDING PARTICIPATION IN THE GUARANTEE FUND…

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Lloyd’s Enters It’s 324th Year - Friday, April 4, 2003

Born of necessity, the World’s Oldest and Largest Insurance Market operated in obscurity for nearly a Century. Merchants and Sea Captains negotiating and contracting on the wharves at London worked out plans of sharing each other’s perils. Manufacturers and merchants stood to lose a fortune if the ship failed to reach its destination…

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If You Knew What We Know - Wednesday, January 2, 2002

Lloyd’s, the world’s oldest and largest insurance organization has measured up to another giant catastrophic challenge. It has been announced that its ingenious “CHAIN OF SECURITY” has the strength to handle the obligations imposed upon it by the WTC catastrophe…

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Lloyd’s Press Release - Wednesday, December 12, 2001

The Lloyd’s of London insurance market will next year expand to reach record-breaking size – with the potential for a further increase during the first half of next year.Announcing its expected capacity for 2002, Lloyd’s said that the market’s ability to accept premiums will rise from £11 billion to £12…

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Lloyd’s Lifts WTC Loss Estimates - Thursday, December 6, 2001

1. It is a fact, Lloyds did lift its estimate of WTC loss. It was raised because there was not time to organize the myriad of information needed to be more accurate previously. Hard driving news reporting facilities were demanding an answer even if it was a pre-mature answer…

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