GT Scholars x Brit Insurance Challenge 1 (Sample Quiz)
GT Scholars x Brit Insurance Challenge Quiz
Test your knowledge of the London Market and insurance careers with our engaging quiz! This quiz includes questions about insurance terminology, the history of the London Market, and the resources available for aspiring insurance professionals. Challenge yourself and learn something new!
- Multiple choice and checkbox questions
- Suitable for students and professionals
- Gain insights into the insurance industry
What is an adjustor?
Also termed claims adjuster, loss adjuster or insurance adjuster. A party who is appointed by insurers to investigate the claim on their behalf and determine the amount payable. Also often work with the insured to help them recover from the loss.
Also termed adjuster, loss adjuster or Insurance adjuster. A party who is appointed by insurers to investigate the claim on their behalf and determine the amount payable. They often work with the insured to help them recover from the loss.
Also known as lead insurer, leader, leading underwriter or slip leader. The insurer responsible for setting the terms on an insurance or reinsurance contract that is subscribed to by more than one insurer. Other insurers then have to decide whether to follow the lead’s terms.
What insurers make up the London Market?
All of the above
Marine Protection
Lloyd's of London syndicates
Indemnity Club (P&I Clubs)
What does Insurance Careers do?
UK's specialist Insurance Career Board
UK's leading insurance provider
Insurance jobs and in-depth career advice written by industry experts.
All of the above
How long has the London Market been going
30 years
300 years
150 years
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