GT Scholars x Brit Insurance Challenge 1 (Sample Quiz)

A vibrant illustration of the London Market, showcasing iconic buildings and insurance symbols, with people engaging in discussions about insurance to reflect a professional environment.

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

4 Questions1 MinutesCreated by InsuringFlame312

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.

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GT Scholars x Brit Insurance Challenge 1 (Sample Quiz)

GT Scholars x Brit Insurance Challenge Quiz

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