Meaning of “insurance underwriter” in the English Dictionary

"insurance underwriter" in Business English

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insurance underwriternoun [ C ]


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)