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... isfied with the location of the Royal Exchange, they were not happy with the method of leasing it.

Therefore, they purchased the office building of the Royal Exchange outright and made it the trading floor for Lloyd’s Insurance.

The distinction of Lloyd’s Insurance from other insurance companies was that it was not so much a company in the conventional sense, but rather a public trading platform for individual insurance merchants.

If modern concepts were to be applied, Ll ...

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