X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Women insurance executives. Insurance executives share what they’ve learned from their careers in the insurance industry. Pictured from L-R: Darla Finchum, MetLife; Trudy Hardin, Aon; Lori Bailey, Zurich; and Marlyss Gage, Travelers. (Photo: Claims Magazine)

Believe it or not, insurance existed during the ancient world, as people wanted to trade farther than from the nearest village. As trade routes expanded, so did risks, causing a need for insurance to mitigate the risk of pirates, fire and other dangers. During the Medieval era, it was common practice to apply for a sea loan. With this kind of loan, investors would give funds to traveling merchants.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.