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English definition of “insurance underwriter”

insurance underwriter

noun [C]
 
 
INSURANCE
a person whose job is to calculate the risk that is involved in an activity or in providing insurance for a particular customer, and to decide how much should be paid for insurance: As an insurance underwriter, you would assess insurance risks and decide whether to offer insurance cover.
a company or a person that agrees to accept all the risks that are connected with a contract of insurance: Our policies are underwritten by Hart Insurance Limited, one of the country's leading insurance underwriters.
(Definition of insurance underwriter from the Cambridge Business English Dictionary © Cambridge University Press)
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