1. people or companies that assess and assume financial risk, especially in insurance or securities
Usage: finance; insurance
2. financial institutions that guarantee the sale of securities by purchasing them from the issuer
Usage: finance; securities

Examples

• The insurance underwriters carefully reviewed the policy application.
• Several underwriters agreed to handle the company’s initial public offering.
• Medical underwriters assess health risks before approving life insurance policies.
• The underwriters determined the premium based on the applicant’s driving record.
• Investment underwriters helped the startup raise capital through a stock offering.
• The underwriters rejected the high-risk insurance application.
• Major banks served as underwriters for the municipal bond issue.