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4

DINNER AT

LLOYD'S OF

LONDON

Geoff Morgan

The

tours

ended

in

“The Room”,

the

trading

floor where

underwriting

is

carried out. Brokers

meet

the

specialist

underwriters

here

at

their

“boxes”,

a

reflection back

to

the booths of

the

original Lloyd’s Coffee House.

If

the

underwriter

agrees

to

accept

the particular

insurance

risk,

he

stamps

the

slip with

his mark,

states

the

percentage

he

is

accepting

and

signs

under,

hence

the

term

“underwriter”. Cover

normally

starts

immediately.

60

Freemen,

Liverymen

and

Also

in

“The Room”

is

situated

the

famous Lutine

guests met on Monday 23rd

Bell. Originally

a

French

frigate, La Lutine was

January

to

attend

the

first

commandeered

in 1793 by British

forces.

Renamed HMS Lutine

she

sank

carrying

a

cargo

Company Dinner of 2006 which

of

gold

and

silver bullion off

the Dutch

coast. The

cargo

valued

at £1m,

a

fabulous

amount

in

those

was

held

at

Lloyd's of

London

days, was

insured

at Lloyd’s who paid

the

claim

in

Formed

in 1668, Lloyd’s

is

the world’s

leading

full

and

then

set

about

salvaging

the wreck.

The

insurance market which

is

now

housed

in

an

ship’s bell was

recovered

and

hung

in

the

award-winning building designed by Lord Richard

Underwriting Room where,

traditionally,

it was

Rodgers

and opened

in 1986

at No 1, Lime

rung

to

herald

important

announcements

to

Street

in

the City of London. However,

the

brokers

and

underwriters

– once

for

sorrow,

origins of Lloyd’s

lie

in

the more modest

twice

for

joy.

It

is

now only

used on

ceremonial

surroundings of Mr Edward Lloyd’s 17th

century

occasions.

coffee

house

in Tower

Street.

Dinner was

champagne pate

and

toasted brioche,

Little

is

known

about Edward Lloyd or

his

coffee

followed by poached

supreme of

salmon on

house. Coffee

houses

in

those days before

crushed

artichokes, baby

spinach

and broad

newspapers, were places where people met

and

beans with

a

chocolate

and pistachio parfait

exchanged

the

latest

gossip. Lloyd’s Coffee

dessert.

It was

served

in

the Old Library which

is

House, over

and

above

its

rivals,

gained

an

lined with

the original oak panels

from

the 1928

enviable

reputation

for

trustworthy

shipping

Lloyd’s Building

incorporating

hand-carvings of

news where merchants

and

seafarers were

to be

17th

and 18th

century

sailing

ships

and

contains

found

and

it became

the

recognised place

to

splendid oil paintings of

naval

scenes.

obtain marine

insurance.

It

is

understood

that

The Master, Alan Wells welcomed members

and

Edward Lloyd

took

no part

in

underwriting, but

guests

to

the Company’s

Special Dinner

and

merely

ran

the

coffee

house

until

his death

in

thanked Court Assistant Geoff Morgan

for

1713. His bequest

to posterity was

to

give

his

making

it possible

to

visit

such

an

interesting City

name

to

the

insurance market

now

renowned

landmark

and

the Clerk, Martin Bonham

for

throughout

the world.

organising

the

event

so

successfully.

Members

and

their

guests were

taken on

tours of

the building

to

see

the Nelson Collection,

a

unique

collection of

naval

artefacts dating back

more

than 200

years

to Admiral Lord Nelson’s

famous

victories

at Trafalgar, Copenhagen

and

the Nile. The

groups

visited

the Adam Room,

which was originally

the dining

room of Bowood

House

in Wiltshire, built

in 1763 by

the

Scottish

architect Robert Adam. The whole

room was

taken

apart,

transported

to London

and put

together

again piece by piece

to

form

the

Council Chamber

in

the

former Lloyd’s Building

opened

in 1958. When

the

current Lloyd’s

Building was

constructed

in 1986 on

the opposite

side of Lime

Street,

the

room was

taken

apart

again

and

reformed on

the 11th

floor

a

classical

antique

in

a post-modern building.

Captain

Sir Eyre Massey

Shaw, KCB,

first Chief Officer of

the Metropolitan

Fire Brigade, 1866

- 1891, pictured

in

his

silver

fire

helmet. The MFB was

re-titled

the London

Fire Brigade

in

1904.

(Editor's

collection)