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From Longman Dictionary of Contemporary English
Related topics: Occupations, Insurance
underwriterun‧der‧writ‧er /ˈʌndəˌraɪtə $ -tər/ noun [countable]  BOBFIsomeone who makes insurance contracts
Examples from the Corpus
underwriterNational mutual funds were among the biggest buyers, according to an underwriter at A. G. Edwards.Net proceeds will be used to buy computer equipment, repay debt and for working capital; underwriter is Biltmore Securities Inc.In assessing the suitability of any credit insurance underwriter, companies must be satisfied with a number of key issues.The lead underwriters were Montgomery Securities and Cowen & Co.Everyone puts his hand out, from cabinet ministers to loan underwriters.No underwriters were listed in the filing.The issue will be sold through underwriters led by Goldman, Sachs & Co.The issue is being sold through underwriters led by Lehman Brothers Inc.
From Longman Business Dictionaryunderwriterun‧der‧writ‧er /ˈʌndəˌraɪtə-dərˌraɪtər/ noun [countable]1FINANCE a financial institution that underwrites a SHARE ISSUE, that arranges to sell shares to investors and agrees to buy any shares that are not bought by them2INSURANCE a person, usually someone who works for an insurance company, who calculates the risk involved in an activity and decides how much insurance will cost to cover it3INSURANCE a person who agrees to accept the risk of any loss under an insurance contractone of the country’s foremost insurance underwriters marine underwriter
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