Approved Insurer definition

Approved Insurer. Each insurance policy shall be issued by insurance companies authorized to do business in the State of Nevada or eligible surplus lines insurers under federal and Nevada law and having agents in Nevada upon whom service of process may be made, and currently rated by A.M. Best as “A-VII” or better.
Approved Insurer means any insurer (other than Medicaid/Medicare/TRICARE) as may be approved by Administrative Agent from time to time in its sole discretion.
Approved Insurer means an authorised insurer who—

Examples of Approved Insurer in a sentence

  • Note that where the insurance risk is insured by a insurer not listed in Note 1(a) or 1(b) then the Participant may arrange for its insurer to obtain a ‘fronting’ policy issued by an Approved Insurer (this is a kind or re-insurance policy issued under a “fronting arrangement” between the two insurers).

  • Note that where the insurance risk is insured by an insurer no listed in Note 1(a) or 1(b) then the Dealer may arrange for its insurer to obtain a ‘fronting’ policy issued by an Approved Insurer (this is a kind of re-insurance policy issued under a “fronting arrangement” between the two insurers.

  • Notes 1 Approved Insurer means (a) An Australian registered insurance company which is approved by the Australian Prudential Regulatory Authority (APRA) to conduct general insurance business in Australia; (b) Lloyds Underwriters; (c) A Treasury Managed Fund insurance scheme with the NSW State Government; or (d) The Comcover insurance scheme for the Australian Federal Government.

  • Approved Insurer means any insurer or reinsurer, or insurance broker, or reinsurance broker, of internationally recognized responsibility and standing in aircraft insurance in each case reasonably acceptable to the Lessor.

  • Public Liability Insurance On and from the Commencement Date, the Consultant must obtain and maintain public liability insurance coverage with an Approved Insurer for an amount not less than the amount set out in Item 11(a) for any one occurrence.


More Definitions of Approved Insurer

Approved Insurer means an insurer that is APRA endorsed and/or AAA rated by Standard & Poors
Approved Insurer means an insurer approved by the Assessor for the purposes of this Act and such an approval may specify named insurers or classes of insurers which are to be treated as approved;54
Approved Insurer means LSIC, any other Regulated Insurance Company which is an Affiliate of the Borrowers, or another insurer approved by the Administrative Agent, in each case, with a rating of B+ or better by A.M. Best or a similar rating agency (and with respect to any other approved insurer, such insurer has entered into a trust agreement similar to the Trust Agreement and has pledged its interest in such trust in a manner satisfactory to the Administrative Agent).
Approved Insurer means an insurer approved by the Insurance and Superannuation Commissioner under the Insurance Act 1973 (Cwlth). ˙Self-insurer replaces WorkCover in liability for injury116.(1) A self-insurer is liable, to the exclusion of WorkCover’s or another self-insurer’s liability—
Approved Insurer means any reputable and financially sound insurance company or insurance broker, in the U.S., London, French, German or Japanese insurance markets, that provides or confirms the existence of any insurance required under this Lease.
Approved Insurer means an insurer licensed under the Insurance Law, 2010 as a Class “A” insurer and approved by the Commission to provide standard health insurance contracts;
Approved Insurer means each Person identified on Schedule 1.1A and any Insurer or other Person (other than Medicaid, Medicare or TRICARE), in each case, as may be approved by Administrative Agent in good faith and in its exercise of reasonable (from the perspective of a secured asset-based lender in the context of a HUD transaction) business judgment.