indemnify vs underwrite

indemnify and underwrite both are verbs.

Word	Noun	Adjective	Verb	Adverb
indemnify	No	No	Yes	No
underwrite	No	No	Yes	No

As verbs, underwrite is a hypernym of indemnify; that is, underwrite is a word with a broader meaning than indemnify:

indemnify: secure against future loss, damage, or liability; give security for
underwrite: protect by insurance

Other hypernyms of indemnify include cover, insure.

indemnify (verb)	underwrite (verb)
make amends for; pay compensation for	protect by insurance
secure against future loss, damage, or liability; give security for	guarantee financial support of