Insurer
The insurance company that enters into the policy and assumes the covered financial risk.
Also called
carrier · insurance company
What it means
The regulated entity that issues the insurance contract and pays eligible claims under its terms.
Example
The insurer named on the policy collects the premium and is responsible for covered claim payments.
Canada context
Insurance wording and mandatory coverage can differ by province, insurer and policy form. Read the declarations, endorsements and full policy wording that apply to you.
Common confusion
The insurer is different from the broker or agent who may help arrange or service the policy.
Important
This plain-language explanation is general information, not legal advice or a substitute for your policy wording. Ask a licensed insurance professional about your situation.
Last reviewed August 17, 2026
Sources
General information only. Coverage and terminology can differ by province, insurer, and policy wording. Consult your policy and a licensed insurance professional.