LLOYD'S OF LONDON CHEAT SHEET (Special Edition)

Did you know that insurance as you know it has its origins at the Lloyd's of London?

If you are starting off on your insurance journey and would like to save 10s of hours learning about the iconic building and how it works, save a copy of this.

In this cheat sheet you will learn:

Lloyd’s Building

Key Features
Opened by Queen Elizabeth in 1986. Innovative "inside-out" design with external services for easy maintenance. Flexible interior spaces with an airy central atrium. First-of-its-kind glass lifts in the UK.

Fun Facts:
8 years to build. 33,510 cubic metres of concrete used. 30,000 square metres of stainless-steel cladding. 12,000 square metres of glass.
Iconic Elements
The Room: The heart of Lloyd’s where business thrives.
The Lutine Bell: Struck for ceremonies and mourning.
The Loss Book: Historical records of lost ships since 1774.
The Adam Room: An 11th-floor historical marvel.
The Nelson Collection: Honouring Admiral Lord Nelson's legacy.

Sustainability
Committed to reducing environmental impact, with over 85% waste recycled.

The Council of Lloyd’s and Governance

The Council of Lloyd’s
Committees of the Council: Audit Committee
Risk Committee
Remuneration Committee
Nominations & Governance Committee
Investment Committee
ESG Committee
Technology & Transformation Advisory Panel
Underwriting Advisory Panel
etc

Definition of common terms such as:

ACORD
BSM - Broker (or bureau) Signing Message:
CDR - Core Data Record
CLASS - Claims Loss Advice Settlement System
CWT - Claims Workflow Trigger messages
DA - Delegated Authority.
DRI - Document Repository Interface

etc to

XCS - Xchanging Claims Services