The Evolution of Insurance

[adjusterjack]

I think most of us are vaguely aware of this but it's nice to see it summarized in an easy-to-read format.

The Evolution of Insurance: From Ancient Practices to Modern Protection | insuranceriskworld.com

As civilizations evolved, so did the concept of insurance. In ancient Greece, the city-state of Athens established a fund called the "Naukrarika," which served as a form of maritime insurance. Ship owners would contribute to this fund, and in return, they would receive compensation if their...

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