What is an Underwriter in Insurance?

A person who identifies, examines and classifies the degree of risk represented by a proposed insured in order to determine whether or not coverage should be provided and, if so, at what rate. In terms of insurance, what does a person stands for?
[A]Underwriter
[B]Merchant Banker
[C]Forex dealers
[D]Registrars

Underwriter
Underwriter is a person who identifies, examines and classifies the degree of risk represented by a proposed insured in order to determine whether or not coverage should be provided and, if so, at what rate.

Originally written on June 3, 2015 and last modified on June 3, 2015.

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