coverholder en · NOUN
Etymology
From cover + holder.
Meanings
-
One authorized by the managing agent of an insurance syndicate to enter into policies on its behalf.
This is not something unique to the insurtech sector, but rather applies to all coverholder relationships.
2024 May 20, “Protection of innovation: avoiding the risk of disputes in coverholder agreements”, in The Insurer:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| coverholders | Number=Plur | lexicographic |