Underwriter

/ˈʌndəraɪtər/
noun

A person or company that agrees to pay out money in case of loss or damage, usually in return for regular payments.

The underwriter ensured their client would be covered in case their house was damaged by fire.
Visual representation of "underwriter" - A person or company that agrees to pay out money in case of loss or damage, usually in return for regular payments.

Often appears as...

  • insurance underwriter
  • underwriter services
noun

A person or company that agrees to buy all the unsold shares in a new issue.

The underwriter played a significant role in raising capital for the new startup by purchasing unsold shares.
Visual representation of "underwriter" - A person or company that agrees to buy all the unsold shares in a new issue.

Often appears as...

  • security underwriter
  • initial public offerings underwriter

Usage tips

Technical

noun

A person or company that agrees to pay out money in case of loss or damage, usually in return for regular payments.

The underwriter ensured their client would be covered in case their house was damaged by fire.
Visual representation of "underwriter" - A person or company that agrees to pay out money in case of loss or damage, usually in return for regular payments.

Often appears as...

  • insurance underwriter
  • underwriter services
noun

A person or company that agrees to buy all the unsold shares in a new issue.

The underwriter played a significant role in raising capital for the new startup by purchasing unsold shares.
Visual representation of "underwriter" - A person or company that agrees to buy all the unsold shares in a new issue.

Often appears as...

  • security underwriter
  • initial public offerings underwriter

Usage tips

Technical

Definition 1 of 2
Visual representation of "underwriter"
LampPro Tip 1/3

Insurance Context

The word often appears in situations related to insurance and protection against financial loss.

Illustration for Insurance Context
The underwriter agreed to cover the costs of the flood damage to our home.
LampPro Tip 2/3

Risk Assessment

Underwriters assess risk to determine the costs of the insurance policy premiums.

Illustration for Risk Assessment
As an underwriter, she evaluated the health records of the applicant before issuing a policy.
LampPro Tip 3/3

Payment Exchange

The role implies a mutual agreement where the underwriter receives payments to potentially pay out claims.

Illustration for Payment Exchange
Monthly payments to the underwriter ensure that my car is insured against accidents.
LampPro Tip 1/3

Insurance Context

The word often appears in situations related to insurance and protection against financial loss.

Illustration for Insurance Context
The underwriter agreed to cover the costs of the flood damage to our home.
LampPro Tip 2/3

Risk Assessment

Underwriters assess risk to determine the costs of the insurance policy premiums.

Illustration for Risk Assessment
As an underwriter, she evaluated the health records of the applicant before issuing a policy.
LampPro Tip 3/3

Payment Exchange

The role implies a mutual agreement where the underwriter receives payments to potentially pay out claims.

Illustration for Payment Exchange
Monthly payments to the underwriter ensure that my car is insured against accidents.
LampPro Tip 1/3

Insurance Context

The word often appears in situations related to insurance and protection against financial loss.

Illustration for Insurance Context
The underwriter agreed to cover the costs of the flood damage to our home.
LampPro Tip 2/3

Risk Assessment

Underwriters assess risk to determine the costs of the insurance policy premiums.

Illustration for Risk Assessment
As an underwriter, she evaluated the health records of the applicant before issuing a policy.
LampPro Tip 3/3

Payment Exchange

The role implies a mutual agreement where the underwriter receives payments to potentially pay out claims.

Illustration for Payment Exchange
Monthly payments to the underwriter ensure that my car is insured against accidents.
Visual representation of the word "Underwriter"

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Quote examples

Alex Berenson

American Author

While Wall Street firms typically underwrite offerings in teams, the lead underwriter, or manager, of the offering has primary responsibility for selling the offering and reaps much of the fees and profit.
Portrait of Alex Berenson

Quote examples

Alija Izetbegovic

Bosniak Activist

Advantages of freedom do not have to be proved by something outside freedom itself. It is its own underwriter.
Portrait of Alija Izetbegovic

Quote examples

Alex Berenson

American Author

While Wall Street firms typically underwrite offerings in teams, the lead underwriter, or manager, of the offering has primary responsibility for selling the offering and reaps much of the fees and profit.
Portrait of Alex Berenson

Quote examples

Alija Izetbegovic

Bosniak Activist

Advantages of freedom do not have to be proved by something outside freedom itself. It is its own underwriter.
Portrait of Alija Izetbegovic
Example 1 of 2
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