History of Insurance II

Year 1194-1266
The development of the human economy from year to year goes on and this period is known a "Guild System" (System Gilda), ie associations of people who have the same profession, then at that time formed a guild carpenter, baker's guild and so on.

The goal is the same as in Roman times collegia objectives, namely improving the welfare of its members. From the data in the base can be said that "collegia" and "Gilda System" is a social inventions which gained popularity and public recognition of the existence of risks that must be addressed. The development of institutions that are similar to insurance keeps growing and finally in the reign of QUEEN ELEANOR of Belgium (1194 - 1266) established the Law of Insurance stated in the "ROLE'SDE Oleron"