Finance and Commerce
The City of London prides itself as a global business hub for financial and related services.
Business plays a large part in EC3 and one of the world’s best known insurance markets, Lloyds of London, has its home here as well as some of the world’s best known insurance companies, e.g. Aviva, W R Berkley, Charles Taylor and AIG reside here.
Traditionally a hub for maritime related business the district is also home to:
The hospitality sector is well represented in EC3 with a rapid expansion of hotels setting up in the district, including a cluster close to the Tower of London.
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Lombard Street
At the heart of the commercial City it follows the line of a Roman road that entered the City at Aldgate.
Markets
The location of two markets within EC3 was due to the River Thames. Billingsgate and the Corn market.
Businesses in EC3
The location of two markets within EC3 was due to the River Thames.
Royal Exchange
The idea for an Exchange came from Thomas Gresham, a City banker, and his father.
Lloyd's
Lloyd’s describe themselves as the world’s leading insurance and reinsurance market.
Baltic Exchange
Involved in a significant proportion of the world’s ship chartering, sale and purchase business.
Lloyd’s Register
Founded in 1760 at the same coffee house as Lloyd’s of London, Edward Lloyd’s Coffee House in Lombard Street.