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Insurance Underwriter

An insurance underwriter is a professional within the insurance industry who evaluates and assesses the risk associated with insuring individuals, businesses, or assets. They determine the terms and conditions, coverage limits, and pricing for insurance policies.

1. Noun:

   a) A person who specializes in evaluating and accepting or rejecting insurance applications.

   Sample Sentence: The insurance underwriter carefully reviewed the applicant's medical records before approving the health insurance policy.

   Related Products: Books on Insurance Underwriting

   
   

   b) The company or organization that underwrites an insurance policy.

   Sample Sentence: The insurance underwriter determined that the property's location in a high-risk flood zone made it ineligible for coverage.

2. Verb:

   To act as an insurance underwriter; to evaluate and assess risk for insurance purposes.

   Sample Sentence: She decided to pursue a career in insurance and eventually became a licensed underwriter.