The National Directory of Certified Public Accountants

Ask A CPA - Insurance

Insurance Industry - What Is An Underwriter?

The insurance company underwriter is the insurance company guaranteeing to pay for the losses insured against, as it is outlined in the insurance policy. Also an underwriter is the person who assesses and classifies the potential degree of risk that a proposed insured represents to determine whether a person is a super preferred risk, preferred risk, standard risk or substandard risk.

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