1. a person or entity that provides indemnity; one who agrees to compensate another for loss, damage, or liability
Usage: legal/business term; often used in contracts and insurance contexts

Examples

• The insurance company acts as the indemnifier in the event of a covered loss.
• Under the contract, the contractor is the indemnifier for any accidents on the job site.
• The indemnifier agreed to cover all legal fees resulting from the dispute.
• As the indemnifier, the manufacturer must compensate customers for defective products.
• The agreement clearly identifies which party serves as the indemnifier.
• The indemnifier's obligation extends to third-party claims as well.