Outrageously Funny Word Dictionary :: Interinsurer

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What is the definition of interinsurer? 🙋

👉 In insurance, an "inter-insurer" refers to a company or group of companies that share common risks and have joint policies. This can include third-party insurers who are not directly involved in the underlying risk but act as intermediaries between the insureds and the insurer. Inter-insurers may also be referred to as "joint administrators", where they manage the administration of an insurance policy, such as paying claims or settling disputes.


interinsurer

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