History of Insurance

History of Insurance

Ancient Times – 1700’s Bottomry/Maritime Insurance The first recorded use of insurance was to make provision for ships and their cargo lost at sea. Bottomry, also known as marine insurance, provided bankers with guarantees against loss as maritime trading... Read more

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The information provided herein is for educational purposes only. Any content, including without limitation, statistics, examples, illustrations, models, video presentations, quotes, material, data, suggestions or information of any kind, have been designed solely to increase your knowledge and understanding of financial literacy and should not, in any way, be considered investment advice or a solicitation to invest or otherwise spend your money.