“Slavers Throwing overboard the Dead and Dying—Typhoon coming on" J. M. W. Turner
From the very beginning, the insurance business has been a crucial element, even a contributor, to the shipping and maritime industries. For more than three hundred years, Lloyd’s, the London and the US Insurance Markets have offered insurance solutions to ship owners, carriers and financial establishments, securing trade and maritime adventures for a wide variety of economic ventures. It is the foundation upon which insurance has developed and has been seen as an essential component in the development of the British economic standing. What is perhaps most unfavourable, however, is the notion that British and US insurers partook in the notorious slave industry, insuring both transportation ships and the human cargoes they carried on a transatlantic basis.