What is another word for indemnifiers?
Pronunciation: [ˌɪndˈɛmnɪfˌa͡ɪ͡əz] (IPA) 
Indemnifiers are entities or individuals who assume responsibility for financial losses or damages that may arise from a particular event. There are several synonyms for the term "indemnifiers" used in legal circles, such as guarantor, underwriter, insurer, surety, and trustee. All these terms refer to the contractual obligations assumed by one party to compensate another party for any loss incurred arising from a specified event or obligation. Guarantors guarantee or back up another's obligations or debt, while underwriters take responsibility for selling securities to the public. Insurers, on the other hand, provide indemnity for specific risks, while sureties commit to a contract or bond to ensure compliance with agreed-upon terms. Trustees manage assets and ensure their protection.
