Joint Underwriter Association


Definition of "Joint underwriter association"

Bruce Wachter
Bruce Wachter West USA Realty

Combination of several insurance companies to provide the capacity to underwrite a particular type or size of exposure. For example, liability coverage for a drug company's vaccine has been instituted as the result of several insurance companies working together to provide the required capacity due to the extra hazard.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ