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Glossary

Lloyds' Registry

The Lloyd's Register Group is a maritime classification society and independent risk management organisation providing risk assessment and mitigation services and management systems certification. Historically, as Lloyd's Register of Shipping, it was a specifically maritime organisation. In the late 20th century it diversified into other sectors, including oil & gas, process industries, nuclear and rail.

Like the famous international insurance market, Lloyd's of London, Lloyd's Register owes its name and foundation to the 17th century coffee house in London frequented by merchants, marine underwriters, and others, all connected with shipping. The owner, Edward Lloyd, helped them to exchange information by circulating a printed sheet of all the news he heard. In 1760, the Register Society was formed by the customers of the coffee house.

Other than this historical connection, Lloyd's Register is unrelated to Lloyd's of London.

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