mid-15c., insuren, spelling variant of ensuren "to assure, give formal assurance" (late 14c.), also "make secure, make safe" (c. 1400), from Anglo-French enseurer, Old French ensurer, from en- "make" (see en- (1)) + seur, sur "safe, secure, undoubted" (see sure (adj.)).
The particular commercial senses of "make safe against loss by payment of premiums; undertake to ensure against loss, etc." are from mid-17c. (replacing assure in that meaning). Related: Insured; insuring.
<a href="https://www.etymonline.com/word/insurer">Etymology of insurer by etymonline</a>
Harper, D. (n.d.). Etymology of insurer. Online Etymology Dictionary. Retrieved $(datetime), from https://www.etymonline.com/word/insurer