Superquote Glossary Terms: Underwriter

An insurance underwriter is an individual who assesses risk and determines whether it is acceptable to an insurance company.  Actuaries produce analysis based on the probabilities of evens occuring, for example car accidents by postcode.  The underwriter uses this information to assess risk and pricing. 

If you are getting a quote for an unusual risk such as insurance on a flooded home or Q Plate car insurance, you may find your case is referred to an underwriter to further assess the risk.

Often underwriters work to very set criteria but they may want to ask additional questions to further assess the risk.