Skip to main content
underwriter

underwriter

5 7.5
A person or company that checks risk and sells insurance
  • noun
  • /ˈʌndərˌraɪtər/
  • Specialized
translation icon : suscriptor
  • As an experienced underwriter, she carefully assessed the risks before approving the insurance policy.
  • insurance underwriter
  • commercial underwriter

And I wound up getting a job and I started as a junior underwriter in the insurance business.

Examples

  • I was a senior underwriter for a mortgage insurance company.

    Fiction book (2000)
  • The system also imposed rigid requirements on the renewal of policies, a feature previously determined by the underwriters.

    Academic text (1991)
  • And I wound up getting a job and I started as a junior underwriter in the insurance business.

  • The underwriters may ask questions about it.

  • As any insurance underwriter will tell you, minimizing risk is always the way to go.

    Blog text (7)
  • Mr. Pedigo is the former Vice President and Chief Underwriter with Indianapolis Life.

    Blog text (32)
  • Several underwriters from the branches were co-opted into the project team to represent their function.

    Academic text (1991)
  • We were contracted by AGP underwriters who insured the victim.

  • The underwriter didn't like the income-to-debt ratios, they're a little excessive.

  • One final thought: Insurance underwriters require, of the purchaser, a bona fide insurable interest.

    Blog text (15)

Synonyms

insurance company
vsunderwriter
320 2.8

A business that pays money to people for losses when they pay regular fees

evaluates and accepts risk instead of only selling coverage
insurer
vsunderwriter
116 3.5

A company or person who pays for damage to your things

focuses on assessing and approving risk rather than providing coverage
insurance firm
vsunderwriter
3 3.0

A company that pays people money when something bad happens after they pay for protection

specializes in assessing risks and approving policies rather than general sales
insurance underwriter
vsunderwriter
  • Specialized
1 6.6

A company that decides whether to accept risks and sells insurance to protect people or businesses

includes both individuals and companies rather than only institutions

Compounds

insurance underwriter
  • Specialized
1 6.6

A company that decides whether to accept risks and sells insurance to protect people or businesses

How Risky

reinsurer
  • Specialized
1 7.7
underwriter
  • Specialized
5 7.5
insurer
116 3.5
agent
  • Formal
2.8

Surface Forms

underwriter singular
underwriters plural

Morphology

underwriter = underwrite (semi-transparent) = under + write + er

The structure (under + write + -er) is clear, but the agent meaning 'one who assumes financial risk' is idiomatic and not directly inferable from 'under' + 'write' for many learners.

Etymology

Underwriter comes from a time when people would sign their name under a contract to accept a ship's risk, with the parts under- 'below' and write 'to sign' showing the image of writing beneath the paper. So an underwriter today is someone who agrees to take or check risk, especially for insurance.