In an insurance context, who is referred to as the "Insurer"?

In the context of insurance, the term "Insurer" refers specifically to the insurance company or organization that provides coverage under a policy. The insurer is responsible for assuming the financial risk associated with the insured events, meaning they guarantee to pay out the benefits outlined in the policy in the event of a claim. This may include covering losses or damages depending on the type of insurance.

The other roles mentioned in the other choices refer to different aspects of the insurance ecosystem, such as the insured, who is the individual or entity covered by the policy, or regulatory bodies that oversee the insurance industry. These roles do not carry the responsibilities or functions associated with the insurer. Thus, the insurance company is the correct answer, as it distinctly represents the party that offers and manages the insurance policy.