Glossary entry

English term or phrase:

binding authority

French translation:

mandat d'agent, pouvoir d'acceptation

Added to glossary by PFB (X)
Jan 6, 2010 10:22
14 yrs ago
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English term

binding authority or lineslip

English to French Bus/Financial Insurance
Bonjour,

Voici la phrase : "customers utilising insurance broking subsidiaries by way of a facility such as, but not limited to a binding authority or lineslip" dans le cadre de produits d'assurance.

Pouvez-vous me dire comment traduire "binding authority or lineslip" car j'avoue ne pas connaître.

Merci.
Proposed translations (French)
5 mandat d'agent, pouvoir d'acceptation
Change log

Jan 7, 2010 15:30: PFB (X) Created KOG entry

Discussion

michele24 (asker) Jan 6, 2010:
Merci Merci Philippe pour une réponse aussi rapide.
ALIAS trad Jan 6, 2010:
other definition "Similarly when an underwriter delegates underwriting authority to a "lead underwriter" the arrangement is called a line slip. In practice lineslips may allow individual underwriters to pick and chose which individual risk to bind. "
ALIAS trad Jan 6, 2010:
definition found slip: Health Insurance Glossary Dictionary - Line Slip

Definition and meaning of Line Slip :
A document (most commonly used at Lloyd's) which describes a risk to be insured. It is circulated by brokers, and underwriters subscribe to it by indicating what percentage of the risk they are willing to take. (H)


(Source: InsWeb)

Proposed translations

13 mins
Selected

mandat d'agent, pouvoir d'acceptation

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4 KudoZ points awarded for this answer. Comment: "Merci"
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