What is a Carrier? Carrier[kar-ee-er]noun1.The Carrier is the insurance company that provides a specific Policy and is the company that a policyholder will pay Premiums to. The Carrier is ultimately responsible to pay out Claims. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Accidents Accidents happen to everyone. We’re here to help. The Case of the Crooked Credit Report Solve a mystery while learning how important your credit report is with this story-driven interactive. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.