Insurance Definitions
The right of an insurer having indemnified another under a legal right to do so to stand in the place of that other and avail himself of all rights and remedy of that other whether already enforced or not
Subrogation
This person recently reminded us that he is still one of the fastest person on the GKI building, despite his retirement from the track.
Roland Lawrence
Who were the first inhabitants of Jamaica?
Tainos
An umbrella policy that provides coverage to medium and small sized businesses for losses related to material damage and liability claims
Premier Biz
How many players are on a football team?
Eleven
The process of placing the insured in the same position they were prior to a loss?
Indemnity
This person attended Glenmuir High and worked at Crichton Insurance Agency.
Tanesha McCalla
In what year was Port Royal destroyed by an earthquake?
1692
This benefit is usually awarded 1-2 times per policy year and typically has an aggregate limit. It is also known as one of our faster services.
Windscreen Claim
What flower is given to contestants on "The Bachelor" that get to stay?
Rose
The process by which an insurer decides to reinsure a single risk which above its capacity on a one off basis?
Facultative Insurance
Their height is 5'10; however they wear a size 10 shoe.
Phillip Higgins
What is the name of the longest river in Jamaica?
Rio Minho
Sign here, date here, witness there then call us back in 10 days if the funds are not in your account.
Release
What is the world's largest ocean?
Pacific
The clause in a reinsurance contract that allows a party other than the ceding company to have access to the re-insurer under the agreement
Cut Through Clause
It’s alleged that this person eats six bananas daily.
Sheldon Dixon
Which parish has no rivers in its interior?
Kingston
Despite the company being basically paperless, do you know how much paper we attend to daily?
Registry Unit
In what year was the United Nations founded?
1945
Any ambiguity in the terms of a contract must be construed against the party that drafted the contract
DOUBLE JEOPARDY
Contra Proferentem
She attended The Queen’s School & represented GK in netball.
Ann-Jean Atkinstall
During his tenure, which prime minister did not use his first name and what is his first name?
Orette Bruce Golding
This Company is known for its stellar claims manager, competent claims staff and extra exciting team meetings.
GK Insurance
What natural disaster is measured by the Saffir-Simpson Scale?
Hurricane wind speed