Bamboo History
Where is Bamboo's headquarters located?
What is replacement cost value?
Refers to the amount of money needed to replace damaged or destroyed property with a new item of similar kind and quality, without taking depreciation into account.
Who is our agency VP and who do they report to?
Chris Irvine reporting to Taylor Mobley
First, which two artists collaborated on the hit song "APT." that topped the Global Spotify Chart in January 2025?
ROSÉ and Bruno Mars
What year was Bamboo Insurance founded?
2018
What is insurable interest?
An insurance principle requiring the policyholder to have a legitimate financial stake or interest in the insured individual or property in order to obtain valid insurance coverage.
Which state does the agency currently hold the most business in?
CA - here's the top five in order:
CA, FL, WA, NM, TX
Which long-running animated series returned to Adult Swim after a three-year hiatus on January 1, 2025?
Family Guy
Who is the CEO of Bamboo Insurance?
John Chu
The Loss Settlement Valuation that subtracts an allowance for depreciation is defined as?
ACV - actual cash value.
How many people are currently on the agency team? (excluding offshore support, Sabrina, Chris & Rick)
32 people (2 agents dedicated to commercial lines, 22 PL sales agents, 7 PL service agents and 1 onboarding specialist)
Which animated character entered the public domain in the US on January 1, 2025?
Mickey Mouse
What lines of coverage does Bamboo offer in CA?
HO3, DP1 & DP3
What does E&O insurance protect against?
Errors & omissions insurance protects businesses from claims of negligence, faulty advice, or other errors. It also covers the legal costs and settlements that result from these claims.
Where/who did Bamboo obtain/purchase this agency from?
First American P&C
By the end of January, what percentage of people have abandoned their New Year's resolutions, according to a 2025 survey?
64% (within 10 percentage point is acceptable)
What does the Bamboo policy prefix - BSNH3 stand for?
Bamboo Sutton National HO3
What is coinsurance?
A clause in a policy that requires the insured to carry a specific percentage of their property's value in coverage and they will have to share the cost of a claim if a loss occurs and they don't meet the coinsurance requirement.
How many states does the agency have a license to operate in?
48 states - all but Hawaii and Alaska!
Which meteor shower was visible in January 2025, offering a spectacular display for stargazers?
Quadrantids