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Exchange

Exchange, often contracted into change, a building or other place in considerable trading cities, where merchants, agents, bankers, brokers, and other persons concerned in commerce, meet at certain times to confer and treat together of matters relating

Insurance

about in this way until the amount required is complete. Merchants and ship-owners also give orders to insurance brokers, who undertake and are responsible for the business of insuring; and to them likewise are transmitted the orders

Intermediary or insurance intermediary

Intermediary or insurance intermediary, 'intermediary or insurance intermediary', includes insurance brokers, insurance consultants, surveyors and loss assessors. [Insurance Regulatory and Development Authority Act, 1999 (47 of 1999), s. 2(1)

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Lloyd's

Lloyd's. in the second half of the seventeenth century a number of merchants, ship-owners, and insurance brokers were accustomed to meet in Lloyd's Coffee House in the City of London. From these meetings arose the

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