Branch of the Year GAM 2017
March 2017
GAM Branch Of The Year
Eagle Branch Blast Off
Employee Benefits
Our Vision Is To Be The Preffered Branch Of Choice That Will Provide The Region With The Best Customer Centric Experience At Every Customer Touch Point.
The Eagle Branch Has a Commitment To Produce And Develop A Leading, Profitable, Dynamic, Customer Centric Organization With A Focus On Adding Value And Exceeding The Expectations Of All Our Stakeholders, Along The Insurance/Financial Services Value Chain.
Kelvin Regisford Eagle Branch (*Help Someone*) Foundation
A Non-Profitable Organization
Guardian Life Blast Off 2018

Latest News

Branch of the Year GAM 2017


Kelvin Regisford Eagle Branch - Branch of the Year for GAM 2017

Eagle Branch Cooler Vybz 2018

Cooler vybz 2018........ This will be Lit.... don't miss out!!!!!!!!!!!!!!!!!!!

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /nfs/c06/h04/mnt/157262/domains/ on line 185

Risk Management Services





The Nature of Risk

(a) Definition of Risk

(b) Types of Risk

(c) Risk Transfer Mechanism



Definition of Risk:-  

1. Risk exist when the outcome is uncertain (i.e. uncertainty of the future)

2. Risk exist when an outcome or occurrence may leave families and businesses in a worst position than they were at the moment.


Types of Risk:-  


1.Speculative Risk

This will involve (3) possible outcomes: 

1. Gain 


3. Breakeven

If an outcome occur.


2.Pure Risk

This will involve (1) possible outcome:

1. Loss

i.e. - Has not element of Gain

      -  Involve no loss if it doesn’t occur

      -  Involve a loss if it occurred. 


3. Particular Risk

This type of Risk affect 

1. Individuals or Groups

 (a) Critical Illness

 (b) Disability

  • Death


4. Fundamental Risk

This type of Risk affect

1. Communities

2. Countries

3. Regions

4. The World

  E.g. Earthquake; War; Famine


The Personality of Risk


1. Frequency

This type reflects the possibility of occurrence. 

 2. Severity

This type reflects the amount or the extent of damage or risk should a loss occur. 


Risk Transfer Mechanism


Risk Transference: 

1. This is the transfer of Risk through the pooling or accumulation of Funds.


Risk Reduction:

Insurance helps to reduce or illuminate the uncertainty w.r.t possible financial loss;

 1. By spreading the risk of loss from one (1) person to a large number of persons through the pooling of PREMIUMS.

 2. Pooling – Risk transfer mechanism allows for loses to rest on the fortunate many rather than heavily on the unfortunate few.



Risk (Transfer) Premium – Cost                       Loss/ Coverage/Premium