How Health Insurance Was Created...Probably

[Indeed]

 

[UpAndComing]

Insurance started in the international shipping industry in the 1400s. They needed to hedge risk on loss of product that may happen if product was lost during the voyage. Then it gradually shifted to insurance for people with Life Insurance in the 1500s. Then that gradually shifted to using it for Mercantilism and Colonialism

 

[Louisville Slugz]