coverholder

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noun

One authorized by the managing agent of an insurance syndicate to enter into policies on its behalf.

Scrabble 20
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Meanings

nouncoverholder (plural coverholders)

plural coverholders

  1. businessOne 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

Origin

From cover + holder.

Full word history & related roots →
Cite this entry
APA

coverholder. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/coverholder

MLA

“coverholder.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/coverholder. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “coverholder,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/coverholder.

Source: coverholder on Wiktionary, CC BY-SA 4.0.