Who is called underwriter?

An underwriter is any party that evaluates and assumes another party’s risk for a fee. Underwriters are critical to the financial world including the mortgage industry, insurance industry, equity markets, and common types of debt security trading. A lead underwriter is called a book runner.Click to see full answer. Keeping this in view, what do you mean by underwriters?In the securities industry an underwriter is a company, usually an investment bank, that helps companies introduce their new securities to the market. In the insurance business, an underwriter is a company liable for insured losses in return for a fee (premium).One may also ask, who is insurance underwriter? Insurance underwriters are professionals who evaluate and analyze the risks involved in insuring people and assets. Insurance underwriters establish pricing for accepted insurable risks. The term underwriting means receiving remuneration for the willingness to pay a potential risk. People also ask, what is the role of an underwriter? The function of the underwriter is to protect the company’s book of business from risks that they feel will make a loss and issue insurance policies at a premium that is commensurate with the exposure presented by a risk.What is underwriting and its types?TYPES OF UNDERWRITING. In firm underwriting, the underwriters are liable to take up the agreed number of shares or debentures even if the issue is over subscribed. Complete underwriting: when the whole issue of shares or debentures of a company is underwritten, it is called complete underwriting.