Word forms: (present) accepts a risk, (past) accepted a risk, (perfect) accepted a risk, (progressive) accepting a risk
( Insurance : Underwriting )
An underwriter is a person who decides whether to accept a risk and calculates the premium to be charged.
Proposers have a duty to disclose to the insurance company anything that they know
which could affect the decision of the insurance company to accept the risk of insurance.
If an insurance company accepts a risk, it agrees to underwrite a risk or to accept a person or company as a client.
Collins English Dictionary. Copyright © HarperCollins Publishers