
The Corporation of Lloyd's
The Corporation of Lloyd’s is the organization that oversees Lloyd’s of London, a major insurance marketplace. It provides the regulatory framework, support services, and infrastructure for a network of members—insurers, brokers, and specialists—who come together to offer specialized insurance products. Essentially, Lloyd’s acts as the governing body ensuring that the market operates smoothly, transparently, and within legal and ethical standards. It does not directly sell insurance but facilitates the environment where complex and high-risk insurance policies are created, underwritten, and managed by its members.