21 Mincing Lane facts for kids
Quick facts for kids 21 Mincing Lane |
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| General information | |
| Architectural style | postmoderism |
| Location | City of London |
| Completed | 1990 |
| Height | |
| Roof | 74 m (243 ft) |
| Technical details | |
| Floor count | 14 |
| Design and construction | |
| Architect | GMW Architects |
The Minster Court complex, also known as 21 Mincing Lane, is a very important and interesting building in the City of London. It stands out because of its unique design. This building is a key place for business, especially for a type of financial service called underwriting.
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Discovering Minster Court
Minster Court was finished in 1990. It was designed by a group called GMW Architects. The building is 74 meters (about 243 feet) tall, which is like a 14-story building. Its style is called postmodernism. This means it mixes different older styles with new ideas.
The London Underwriting Centre (LUC)
One of the most important parts of Minster Court is the London Underwriting Centre, or LUC. This is a very busy and important place for business. It works alongside the main Underwriting Room at Lloyd's of London.
What Happens at the LUC?
The LUC is where many brokers come to work. Brokers are people who help connect buyers and sellers for different services. At the LUC, they help arrange special kinds of insurance. Up to 4,000 brokers might visit the LUC every single day! They meet with people who provide insurance to make deals.
What is Underwriting?
Underwriting is a way of deciding how much risk there is in something. It also helps set the price for taking on that risk. For example, if you want to insure a very valuable item, an underwriter will look at all the possible dangers. They then decide if they can insure it and how much it will cost. The LUC is a central spot where these important decisions are made.
