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An insurer is an entity promising payment against covered losses, while an insured is the entity whose loss the … · what is insurer in the insurance world, an insurer is vital in providing financial protection to individuals, businesses, and organizations against potential risks. A person or company that insures…. · an insurer is a firm or a party that guarantees financial protection for agreed-upon risks, whereas the insured party - whether a person, business, or organization - is the one who … · an insurer will help you cover the costs of unexpected and routine medical bills or hospitalization, accident damage to your car or injury of others, and home damage or theft of … At the insurer, we bring you the market-leading specialty (re)insurance news, analysis and data service. An insurer is a party that agrees to compensate people, companies or other organizations for specific financial losses. · the insurer is the party, usually a company, that develops insurance policies, sets rates, and underwrites the coverage. Insurer is an entity that sets the conditions for the coverage under the insurance agreement. A financial loss would include … An “insurer” refers to the person or company providing you with financial support in the case of specific, bad events listed in your insurance policy. Welcome to the insurer: Apart from it, an insurer is responsible to issue a policy and pay for the claims. Insurer and insured’ are two primary terms of the legal contract of insurance. The insured is the person who’s covered by and receives … · what does insurer mean? A person or company that insures someone or something: