A Brief History of Insurance
“Don’t put all your eggs in one basket” is a very old saying and, in many ways, it’s still the basis for the modern insurance that helps protect your Lodge. Insurance began with people seeking to control the dangers they faced by spreading out the risk among larger groups of people and making agreements to help one another in the case of a loss.
It’s an interesting story how this practice got its start and how it led to the products and services today that help Lodges protect their organizations. Here’s a brief history of insurance.
The problems that insurance is designed to address have been around for a really long time. Seafaring in the ancient world was a notoriously dangerous task for traders, from Ancient Babylon all the way […]