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Lloyd’s in 1950 Promises Long-Term Care and Benefits in Exchange for Employee Loyalty

Lloyd’s of London grew to be one of the world’s major suppliers of specialized insurance. Since it was funded by individuals, it essentially became a marketplace where wealthy individuals could fund insurance for risky occupations. After World War II, England’s government began to provide national health care and compulsory education. Unemployment was so low, it was difficult to find people to hire.

Learn more about how Lloyd’s attracted and retained their workers in the 1950s with Tammy Erickson’s video blog this week.

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