Lloyd's Coffee House was a significant meeting place in London in the 17th and 18th centuries.
It was opened by Edward Lloyd (c. 1648-15 February 1713) on Tower Street in 1686. 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 maritime insurance, shipbroking and foreign trade. 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.
The coffee shop relocated to Lombard Street in December 1691. Lloyd had a pulpit installed in the new premises, from which maritime auction prices and shipping news were announced. From 1697-1698 Lloyd also experimented with publishing a newspaper, Lloyd's News, reporting on shipping schedules and insurance agreements reached in the coffee house. Merchants continued to discuss insurance matters here until 1774 when the participating members of the insurance arrangement formed a committee and moved to the Royal Exchange on Cornhill as the Society of Lloyd's.
Video Lloyd's Coffee House
Traces of the coffee house
The 17th century original shop frontage of Lloyd's Coffee House is owned by Lloyd's of London and in 2011 was temporarily re-erected on display at the National Maritime Museum. A blue plaque in Lombard Street commemorates the coffee house's second location (now occupied at ground level by Sainsbury's supermarket). It was fictionalized in the 1936 film Lloyd's of London.
Maps Lloyd's Coffee House
Organisations named after the coffee house
The following is a list of organisations named after Lloyd's Coffee House:
- Austrian Lloyd, which could be
- Österreichischer Lloyd: an Austrian, major mediterranean shipping company founded in 1833, which after World War I became Lloyd Triestino
- Austrian Lloyd Ship Management: a Cypriot company founded in 1991 or 1951
- Germanischer Lloyd, Germany
- Hapag-Lloyd, transportation, Germany
- Hapag-Lloyd Express, airline, Germany
- Hapag-Lloyd Flug, airline, Germany
- Lloyd Aéreo Boliviano, airline, Bolivia
- Lloyd's List and Lloyd's List Intelligence (formerly Lloyd's MIU), shipping news, London
- Lloyd's of London, insurance, London, and the Lloyd's Agency Network they created
- Lloyd's Register, risk assessment and mitigation services and management systems certification (originally maritime), London
- Norddeutscher Lloyd, shipping, Germany, and the Lloyd (car) created by a subsidiary, and the Lloyd Werft dockyard they also own
- P&O Nedlloyd (incorporating Nedlloyd)
Lloyds Bank and its related organisations are not named after the London coffee house; the bank was founded in Birmingham by Sampson Lloyd.
References
Source of article : Wikipedia
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