Assecurator

/ˌæsɪˈkjʊreɪtər/ noun

Definition

One who provides assurance or guarantee; an insurer or underwriter.

Etymology

From Latin assecurator, from assecurare (to make sure). An agent noun meaning 'one who makes secure.'

Kelly Says

The first insurance agents in medieval maritime trade were assecurators—they invented the concept of spreading financial risk.

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