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Lloyd's Coffee House

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The coffee house is the place where the great "shipowners and merchants invented the modern insurance company."

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Lloyd's Coffee House

Lloyd's Coffee House was a coffee shop in London opened by Edward Lloyd (c. 1648–15 February 1713) originally on Tower Street in around 1688. The establishment was a popular place for sailors, merchants and shipowners, and Lloyd catered to them with reliable shipping news. The shipping industry community frequented the place to discuss insurance deals among themselves. The dealing that took place led to the establishment of the insurance market Lloyd's of London, Lloyd's Register and several related shipping and insurance businesses.

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