insurer

Policy-issuing company

An insurer is a company or entity that provides insurance—accepting premiums in exchange for promising to pay claims when covered losses occur.

The term applies to any organization in the business of underwriting risk: The insurer denied her claim, Contact your insurer before filing.

Life insurers, health insurers, and auto insurers each specialize in particular risks.

claims

reimbursement

Payment for incurred expenses

processing · filing · documentation · investigation · fraud · subrogation · compensation · indemnity · disbursement · adjudication

coverage

policy

Adopted principle of action

benefits · exclusions · limits · riders · endorsement · liability · property · health · life · auto

personnel

actuary

Financial risk analyst

  • adjusterOne who calibrates
  • agentOne who acts independently
  • brokerTransaction intermediary for hire

assessor · solicitor · field agent

risk

underwriting

Risk evaluation and acceptance

assessment · rating · portfolio · retention · diversification · catastrophe · lapse · reserves · capitalization · surplus

entity

carrier

One that transports

firm · agency · syndicate · consortium · brokerage · institution · organization · establishment · Lloyd's · mutual

Categories
Opposites
contractual role

insurerinsured

Protected against loss

policyholder · claimant · beneficiary · subscriber · uninsured

Phrases
Family

insure, insurance, insured, insures, insurers, insuring, insurances, insurable, reinsurance

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G