un
der
wri
ter
Plural
underwriters
1
a financial organization that issues or sells insurance policies
- The underwriter provided coverage for the new factory.
- Major underwriters offer various types of life and property insurance.
- Underwriters often require detailed information before accepting a policy.
- She works for an underwriter specializing in marine insurance.
- The underwriter agreed to insure the cargo shipment.
2
a banker who specializes in underwriting and issuing new securities
- The underwriter managed the initial public offering of the company.
- The investment underwriter guaranteed the sale of the new bonds.
- Underwriters assess market conditions before pricing new stock.
- Several underwriters coordinated to underwrite the large merger.
- The underwriter assumed part of the financial risk for the issuance.
Synonyms:
3
an individual agent who sells insurance policies on behalf of an insurance company
- The underwriter visited clients to explain policy options.
- She is an experienced underwriter in home insurance.
- The underwriter approved applications for new coverage.
- Underwriters often determine premiums based on risk assessment.
- The underwriter explained the terms and conditions to the customer.