Vocabulary Entry

underwriter

|noun • verb

noun

A person or entity that evaluates and assumes the risk of an insurance policy or financial transaction.

Example Sentences

"The underwriter assessed the applicant's financial history before approving the mortgage."

"After reviewing the details, the underwriter decided to offer full coverage to the homeowner."

"Many banks employ an underwriter to determine the risks associated with loan applications."

verb

Example Sentences

"The insurance company will underwrite your policy based on your health history."

"Before they underwrite the loan, they need to verify the applicant's credit score."

"The firm specializes in underwriting complex financial products."