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
Attended Wolmers High School for Girls and worked at CIBC for 2 years prior to joining GK Insurance. She is currently a Customer Service Representative in the CPS Department.
Najwa Castillo
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
Attended Marymount High School and worked at Maritime General Insurance Brokers prior to joining GK Insurance. Currently serving in the capacity of an Underwriting Supervisor.
Shannia Walker
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
Worked at the Wyndham Hotel prior to joining GK Insurance. She has worked as part of the TBS, CCS and CPS teams. She is a Jehovah's Witness, has a son and a grandson.
Ingrid Hudson
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
Attended Meadowbrook High School and worked at Chricton Insurance Agency prior to joining GK Insurance. She has worked in the Claims Department and is currently a part of the CPS team.
Shaniel Brown
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
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