Definition, Meaning & Synonyms
insurer
noun
/ɪnˈʃʊrər/
Definition
A person or company that provides insurance cover against loss or damage in exchange for a premium.
Examples
- The insurer covered the damages from the car accident.
- Before signing the contract, make sure you understand what the insurer is responsible for.
Meaning
An insurer aims to protect individuals or businesses from financial risk by offering a contract of insurance.
Synonyms
- underwriter
- insurance company
- provider
