interinsurer

Definition of "interinsurer"
  1. This term refers to a company that provides reciprocal or mutual insurance, where the risk is shared among its participants
How to use "interinsurer" in a sentence
  1. The firm decided to become an interinsurer to spread the risk of their policyholders.
  2. As an interinsurer, they are responsible for underwriting policies for mutual insurance.
  3. Interinsurer organizations play a crucial role in spreading risks among several entities.

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