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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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