A truly global market
A Lloyd's of London case study

Page 8: Conclusion

All business involves risk, and so business owners need to protect themselves through insurance which will pay out if the events covered by the policy occur. This helps the business to continue to trade.

Lloyd's allows businesses to buy cover against risks in a way that suits their needs. Lloyd's underwriters specialise and compete against other underwriters so the client's needs are best met. The market place at Lloyd's facilitates trade between buyers and sellers of insurance.

Lloyd's of London | A truly global market


You can download resources for this case study below

This page and contents, ©2018 Business Case Studies, is intended to be viewed online and may not be printed. Please view this page at http://bizcas.es/NkLs9K.