underwriter


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Related to underwriter: insurance underwriter

underwriter

n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite)

See: guarantor, insurer, surety

UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer.
     2. By this act he places himself as to his responsibility, in the place of the insured. He may cause a re-insurance (q.v.) to be made for his benefit; and it is his duty to act with good faith, and, without quibbling, to pay all just demands against him for losses. Marsh. Ins. 45,

References in periodicals archive ?
before the Honorable Victor Marrero at the United States District Court for the Southern District of New York, Courtroom 11B of the United States Courthouse, 500 Pearl Street, New York, NY 10007 to determine: (i) whether the proposed Underwriter Settlement should be approved as fair, reasonable, and adequate; and (ii) whether the Action should be dismissed with prejudice as against the Settling Underwriter Defendants, and the Releases specified and described in the Stipulation and Agreement of Settlement with Certain Underwriter Defendants dated November 25, 2014 (and in the Underwriter Notice) should be granted.
The evolution of online tools is providing personal lines underwriters not only greater efficiency, but also speedier, easier access to sources of data to better assess risks.
Auto insurance underwriters pull detailed motor vehicle reports; check past tickets; review accidents, moving violations, and DUIs; and review type of occupation and how far work is from home," says Stephanie D.
Insurance underwriters seeking to gain a better understanding of potential liability exposures of directors and officers are focusing attention on corporate governance matters.
If you talk with some underwriters, they point out that this goal can lead to some policyholders understating their values to keep costs down.
Desktop Underwriter is one of the mortgage industry's leading automated underwriting systems.
An increased volume of public offerings means clients may ask CPAs to provide letters to underwriters (often referred to as comfort letters).
In addition, the firm's Arkansas issues contributed significantly to Morgan Keegan retaining the designation of top municipal bond underwriter in the South Central region of the United States, which also includes Tennessee, Kentucky, Mississippi, Louisiana and Alabama.
The reality for D&O underwriters, probably today more than ever, is they must apply extreme diligence and attention to detail when evaluating these requests.
OREO Marketing: The underwriter must consider, evaluate and budget all outside contractors and vendors currently or prospectively providing services pertaining to the asset under review.
In our case, the lead underwriter controlled the road-show process, but we did much of the work.