GT Scholars x Brit Insurance Challenge 1 (Sample Quiz)

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 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