insurance firm
- noun
- /ɪnˈʃʊərəns fɜrm/
- Flush with cash, insurance firms sought market share with less concern for risk.
- health insurance firm
- private insurance firm
- life insurance firm
Examples
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It's illegal for insurance firms to raise premiums without proper justification.
Blog text (33) -
Cigna, a Philadelphia-based health care and insurance firm, now offers breastfeeding programs at more than 200 work sites nationwide.
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We're a medical insurance firm.
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'Mr Brown is very busy at his insurance firm at the moment 'because he's got a new boss, an American.'
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Three years later, his father transferred to the Chicago agency of his fire insurance firm and moved his family to nearby Evanston.
Academic text (1990) -
Look to see if your medical insurance firm has made any modifications to the plan before you re-register.
Blog text (26) -
Insurance firms are developing long-term-care insurance to provide a comprehensive benefit package at a reasonable cost.
Academic text (1991) -
In recent years, a growing number of commercial banks, finance companies, and insurance firms are entering microfinance as retailers or wholesalers in microfinance.
Academic text (2005) -
Martha Parry had it all figured out when she sold her small insurance firm in Massapequa.
Synonyms
A business that pays money to people for losses when they pay regular fees
A company or person who pays for damage to your things
Surface Forms
Morphology
The noun compound is fully compositional: 'insurance' (protection against loss) + 'firm' (company/organization) directly yields a company that sells insurance. This is a regular, cross-linguistically common combination and follows normal English compound formation, so a B1 learner who knows both words would readily understand the meaning.
Etymology
The compound insurance firm puts the idea into words: insurance is protection against loss and firm is a company. So, imagine a strong company that sells promises to 'help you when things go wrong' in return for a small payment, and that's why it means 'a business that provides insurance policies to customers'.