The underwriter is the person at the insurance company who evaluates risks and decides whether to provide coverage and at what price based on questions about a business's operations, financial stability, safety measures, loss history, management, and more in order to understand the risk being transferred. The underwriter's role is important because they hold the key to insuring a business and all insurance companies are in the business of transferring risk for a fee. Prior to providing coverage, underwriters will validate application information through inspections, loss runs, and claims database checks to fully understand the risk.