underwriter

Plural: underwriters

Noun

• a banker who deals chiefly in underwriting new securities
• an agent who sells insurance
• a financial institution that sells insurance
• An entity assuming a financial risk.
• A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
• An entity undertaking to market newly issued securities.

Examples

• "They were the underwriters of the company's shares, but only on a "best efforts" basis."

Synonyms

general agent, insurance agent, insurance broker, insurance company, insurance firm, insurance underwriter, insurer, investment banker