The surname Lloyd comes from the Welsh Llwyd, which has been interpreted as meaning, hoary, brown haired, grey haired and later in the medieval period as holy. Found mainly in Wales it has a wide distribution in the UK, and has moved around the world with various corruptions. Possibly the Anglo-Norman scribe was responsible for most corruptions, as they would not be familiar with the medieval Welsh ll and generally used l. The diphthong wy was not within the scribes own system and the nearest was oi, oy. Therefore the versions one finds the most are Loid, Loyd and sometimes Loyt. In Tudor times the corruptions move into versions such as Floyd, Floyde, Fludd, Lloyed, Llud and Lloied. In more recent times Lloyd has long been the usual version of the surname in Wales, with the Ll pronounced as single l.
There have been a few famous people throughout history with the name Lloyd. The earliest is perhaps John Lloyd (also known as Floyde, b. abt. 1475), who wrote in 1511, the funeral music for Prince Henry, the infant son of Henry VIII and Catherine of Aragon. In 1688, Edward Lloyd founded a coffee shop in the heart of the ship broking and marine insurance businesses area of London. This was the predecessor of Lloyd's of London and became the centre of the international insurance market and source of shipping intelligence. Who can forget Harold Lloyd, star of many films in which he carried out some extremely dangerous stunts. There was of course David Lloyd George (being a big influence on him, he added his uncle, Richard Lloyd's surname to his), British politician and passionate social reformer, who became British Prime Minister.