An Explanation of Lloyd's Slips 3089635636924505613-blid-1087533565981705974

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Lloyd's slips were originally pieces of paper containing all the details of a risk to be placed on the Lloyd's of London insurance market, although today these are accepted electronically. Lloyd's slips are documents in a standard format which are intended to assist not only the underwriter giving consideration to the risks presented to them but also the policy drafter and those responsible for checking and accounting for the premium.