insurer
//ɪnˈʃʊərər//
Noun
insurerSingular
insurersPlural
1
A company or person that provides insurance coverage in exchange for premium payments.
The insurer agreed to cover the cost of the car repairs after the accident.
2
An entity that underwrites risk and agrees to compensate the insured party for specified losses.
The insurer agreed to cover the damages caused by the flood.