| n. | 1. | One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer. |
| Noun | 1. | underwriter - a banker who deals chiefly in underwriting new securities Synonyms: investment banker |
| 2. | underwriter - an agent who sells insurance | |
| 3. | underwriter - a financial institution that sells insurance |
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,
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