underwriter
uhn der rahy ter
- n a banker who deals chiefly in underwriting new securities
- n an agent who sells insurance
- n a financial institution that sells insurance
- There were approximately 15 to 20 insurance underwriters and many reinsurers for the package that included the Intelsat 708 satellite.
- The underwriters submit bids for the insurance package, including a decision to insure the satellite program, the amount of the premium, and the terms and conditions of the policy.
- Each Name then joined one or more syndicates--groups of Names headed by an underwriter.