José Vienni and the proposal of the new House of Insurance
In 1758 the merchant José Vienni presented to the Board of Commerce a project for the new Insurance House of Lisbon and the liberalisation of the insurance function, which could be exercised by any tradesman, with good reputation and credit, established in this city.
The new Insurance’s House operated in the same way as Lloyd’s, assuming risks by entities registered in it and valuated by a Broker, having subsisted until the Commercial Code of Ferreira Borges of 1833.
“A Companhia de Seguros Bonança – Notícia Histórica” by José Hermano Saraiva
Lisbon as seen from Tejo river, late 18th century. The Insurance House was in the eastern tower of Terreiro do Paço, which can be seen in the engraving.
From the book “A Companhia de Seguros Bonança – Notícia Histórica” by José Hermano Saraiva
“Junta do Comércio”, Livro 105
Image provided by ANTT