Insurance Carrier

Updated: 09 June 2023

What Does Insurance Carrier Mean?

An insurance carrier is a company licensed to sell insurance policies.

An insurance carrier may also be known as an insurance company or an insurer.

Insuranceopedia Explains Insurance Carrier

As many different types of insurance are available on the market, an insurance carrier may offer one or more types of insurance products. Therefore, it is not uncommon for an individual to have multiple insurance policies either from one carrier or several.

Related Definitions

Managing General Agent (MGA)

Inland Marine Policy

Multiple Indemnity

Policy Reserve

Position Schedule Bond

Net Line

Qualified Pension Plan

Refund Annuity

Refund Life Income Option

Rental Value Insurance

Related Terms

Reinsurer

Commercial Insurance Company

Stock Insurance Company

Captive Insurance Company

Agency

Net Amount at Risk

Omnibus Clause

Unbundled

First Party Insurance

Book of Business

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