Lloyd's and World War 1
During WWI, everyone was called on to play their part in the war effort. Lloyd’s was no exception.
By June 1916, even before compulsory service was introduced, 2,485 men from Lloyd’s had undertaken military service. Many of those who could not take part in actual combat also relinquished their business duties in order to serve the country in other ways.
Despite the amount of men from Lloyd’s who had committed themselves to the war effort, business had to continue. This war saw the introduction of new weaponry and technology, such as submarines, which presented new challenges when assessing risks. Those who remained at Lloyd’s had to adapt and pull together to ensure the market continued as efficiently as ever.