insurance underwriter Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “insurance underwriter” in the English Dictionary

"insurance underwriter" in Business English

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insurance underwriternoun [C]

uk   us   INSURANCE
a ​person whose ​job is to ​calculate the ​risk that is involved in an ​activity or in ​providinginsurance for a particular ​customer, and to decide how much should be ​paid for ​insurance: As an ​insuranceunderwriter, you would ​assessinsurancerisks and decide whether to ​offerinsurancecover.
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 ​leadinginsurance underwriters.
(Definition of insurance underwriter from the Cambridge Business English Dictionary © Cambridge University Press)
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“insurance underwriter” in Business English

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