What does insurer mean?
Definitions for insurer
ɪnˈʃʊər ər, -ˈʃɜr-in·sur·er
This dictionary definitions page includes all the possible meanings, example usage and translations of the word insurer.
Princeton's WordNet
insurance company, insurance firm, insurer, insurance underwriter, underwriternoun
a financial institution that sells insurance
Wiktionary
insurernoun
One who insures.
After the accident I contacted the insurer who paid for the repairs.
Wikipedia
insurer
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured, or their designated beneficiary or assignee. The amount of money charged by the insurer to the policyholder for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. A mandatory out-of-pocket expense required by an insurance policy before an insurer will pay a claim is called a deductible (or if required by a health insurance policy, a copayment). The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risks, especially if the primary insurer deems the risk too large for it to carry.
ChatGPT
insurer
An insurer, also known as an insurance carrier or underwriter, is a company or entity that provides insurance coverage to individuals or entities (known as policyholders) in return for the payment of premiums. The insurer pledges to provide financial protection, compensation, or cover the losses for the specified risks outlined in the insurance policy. These risks could be related to health, life, property, vehicles, business, among others. The insurer is responsible for assessing the risk, determining the premium rate, and settling claims as per the terms of the policy contract.
Webster Dictionary
Insurernoun
one who, or that which, insures; the person or company that contracts to indemnify losses for a premium; an underwriter
Dictionary of Nautical Terms
insurer
The party taking the risk of a policy. (See UNDERWRITERS.)
Numerology
Chaldean Numerology
The numerical value of insurer in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of insurer in Pythagorean Numerology is: 5
Examples of insurer in a Sentence
An insurer’s role is to support commerce.
Supreme Court leaves women workers to fend for themselves, to seek contraceptive coverage from sources other than their employer's insurer, and, absent another available source of funding, to pay for contraceptive services out of their own pockets.
Another nine states, including Tennessee, have a majority of their counties that have only one insurer that is writing on the exchange market.
Prime Minister Tihomir Oreskovic:
Among those we are planning to offer now are electrical concern Koncar, hotelier Suncani Hvar and insurer Croatia Osiguranje.
The issue of fake news on Facebook has been a hot topic for months, particularly during the recent U.S. presidential election. In one hoax article, for example, Pope Francis was falsely reported to have endorsed Donald Trump. FACEBOOK's' FAKE NEWS' HIGHLIGHTS NEED FOR SOCIAL MEDIA REVAMP, EXPERTS SAY Facebook’s Trending Topics section also fell prey to some high-profile fake stories after the social network implemented an algorithmic feed this summer. These included a false article that Fox News had fired anchor Megyn Kelly and a hoax article about the Sept. 11 attacks. On another occasion a seemingly innocent hashtag that appeared in Trending Topics linked to an inappropriate video. The social network announced Thursday that it will make it easier for users to report fake news when they see it, which they can do by clicking the upper right hand corner of a post. If enough people report a story as fake, Facebook will pass it to third-party fact-checking organizations that are part of the nonprofit Poynter Institute's International Fact-Checking Network. Five fact-checking and news organizations are working with the company on this : The Associated Press, The Associated Press, FactCheck.org, Politifact and Snopes. Facebook says this group is likely to expand. FACEBOOK BLOCKS CAR INSURER FROM PROFILING USERS In his blog post, Adam Mosseri explained that if the fact-checking organizations identify a story as a fake, it will get flagged as disputed and there will be a link to a corresponding article explaining why. Stories that have been disputed may also appear lower in News Feed, he added. While users will still be able to share these stories, they will receive a warning that the story has been disputed. Additionally, once a story is flagged, it can not be made into an ad and promoted, according to Facebook. The Menlo Park, California-based firm will also be looking for signs that a story has misled people in some way, such as instances where people are significantly less likely to share a story after reading it. FACEBOOK EMPLOYEES FUME AFTER PUSH TO CENSOR TRUMP POSTS REBUFFED Facebook, which gave a preview of its anti-fake news strategy last month, is also looking to disrupt financial incentives for spammers. On the buying side we’ve eliminated the ability to spoof domains, which will reduce the prevalence of sites that pretend to be real publications.
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Translations for insurer
From our Multilingual Translation Dictionary
- Versicherer, VersicherungsgeberGerman
- बीमा कंपनीHindi
- מְבַטֵחַHebrew
- 保険会社Japanese
- осигурителMacedonian
- verzekeraarDutch
- seguradorPortuguese
- sigortacıTurkish
Get even more translations for insurer »
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"insurer." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/insurer>.
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