👉 An indemnifier is a person or entity who agrees to pay compensation for any loss suffered by another party as a result of their own actions, breaches of contract, negligence, or other wrongdoing. In legal terms, an indemnifier typically provides financial support to compensate a victim of wrongful conduct or to cover losses incurred due to the actions of the indemnifying party. This can be done through a settlement agreement, a court order, or through other forms of compensation that are legally binding and enforceable by law
