Frederic Bolton
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Sir Frederic Bolton (1851–1920) was an English shipowner and
underwriter Underwriting (UW) services are provided by some large financial institutions, such as banks, insurance companies and investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liabilit ...
, he was elected Chairman of
Lloyd's of London Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, England. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body gov ...
in 1906.


Early life and ship owner

Frederic Bolton was born in Islington, London, on 7 March 1851. He founded and became chairman of the Bolton Steam Shipping Company.


Underwriter and war work

In 1878 he became an underwriter at
Lloyd's of London Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, England. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body gov ...
and was elected chairman in 1906. He was knighted in 1908. At LLoyd's he worked on the question of the food supply from overseas during war and at the outbreak of the First World War he worked at the Admiralty in connection with protecting overseas trade. He was knighted in the
1908 Birthday Honours The 1908 Birthday Honours for the British Empire The British Empire was composed of the dominions, colonies, protectorates, mandates, and other territories ruled or administered by the United Kingdom and its predecessor states. It began wi ...
. At the end of the war he moved to the Ministry of Shipping until his death. Bolton died on 25 January 1920 in the Hampstead area of London, aged 68


References

{{DEFAULTSORT:Bolton, Frederic 1851 births 1920 deaths Knights Bachelor Insurance underwriters Ship owners People from the London Borough of Islington