Insurance Underwriter
/ɪnˈʃʊərəns ˈʌndərˌraɪtər/
Definitions
- (n.) A professional who assesses and evaluates risks to determine the terms and premiums for insurance policies.
The insurance underwriter declined the application due to high risk factors.
Forms
- insurance underwriter
- insurance underwriters
Related terms
See also
Commentary
Insurance underwriters play a critical role in the insurance industry by balancing company risk exposure with profitability; accurate risk assessment is essential in legal and contractual contexts involving insurance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.