Who invented insurance?

Lloyd’s of London are credited with Inventing the modern concept of insurance. It is believed that the Nights Templar in the middle ages may also have dabbled in insuring agreements.

Lloyds of London is still an operating concern today. They are the preeminent insurer in the Aerospace technologies industry including Rocket launches and satellite payloads, as well as many more traditional International Commercial Markets. such as international Shipping and Cargo, offshore explorations and drilling. The Combined Syndicate underwriting Capacity allows Lloyds to consider risk that standard local markets with more familiar names can not.

who invented insurance

pirates invented insurance by offering a written agreement to exchange treasure for injuries sustaind in their work

First answer by Insurance Plus. Last edit by ID3494278873. Question popularity: 9 [recommend question]