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What are underwriters?

What are underwriters? Here are some definitions.

Noun
  1. plural of underwriter
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Examples
The majority of vacancies are for commercial account handlers, underwriters and liability claims.
This practice, they argued, was similar to the behaviour of large underwriters in the traditional IPO process.
The underwriters of the defendants were the Swedish Club, and they needed a period of time to collate together the significant sum involved.
Figure 1 shows the number of underwriters whose average offer-to-open percentage price increase fell into a given range.
Even the best underwriters can't prop up a sluggish stock indefinitely.
Maybe the corporate underwriters of PBS shows are now demanding demographic ratings results, just as if these shows were on commercial networks.

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