Insurance Carrier Meaning
An insurance carrier is a company that underwrites and issues insurance policies, taking on the financial risk associated with providing coverage to policyholders. The carrier is responsible for paying claims, managing premiums, and ensuring compliance with regulatory standards. Insurance carriers can offer various types of coverage, including life, health, auto, and property insurance.
Synonyms for Insurance Carrier
Insurance company
Insurer
Underwriter
Insurance provider
Coverage provider
Risk manager
Insurance firm
Policy issuer
Claims handler
Financial guarantor
Antonyms for Insurance Carrier
Policyholder
Beneficiary
Insured party
Client
Customer
Claimant
Broker
Agent
Uninsured
Self-insurer
Short Sentence Examples
The insurance carrier approved the claim within a week.
You must contact your insurance carrier to update your policy.
The insurance carrier provides comprehensive coverage for natural disasters.
She switched to a new insurance carrier for better rates and coverage.
The insurance carrier is responsible for assessing and paying valid claims.