Definition: The word "insurance giant" has a history that dates back to the 18th century, when insurance companies were referred to as "guys with guns." In the 20th century, these companies grew in size and power, and became known as "big business giants." The term was later used to describe individuals or groups who have a significant influence on the insurance industry. Here are some definitions for "insurance giant": - A company that has become so large that it has the power to affect decisions in the insurance industry. - A person or group that has had a significant impact on the insurance industry. In general, an "insurance giant" refers to a large and influential player in the insurance business.