Glossary entry

English term or phrase:

coverholder

Slovak translation:

delegovaný/poverený zástupca (poisťovne)

Added to glossary by Slavomir BELIS
Feb 27, 2009 17:54
15 yrs ago
2 viewers *
English term

coverholder

English to Slovak Bus/Financial Insurance
Kontext:

The following situations should give rise to suspicions:
Abnormal loss ratios for the class of risk bound under a binding authority, especially where the coverholder has claims settling authority.

More sentences from the web: We specialise in undertaking coverholder audits and the auditing of proposed coverholders prior to binding authority being granted.
We work with our clients to ensure that our investigations and final reports fall in line with their instructions and information requirements and the requirements of appropriate standards of best practice, including the Lloyd’s Managing Agent’s Code of Practice for Delegated Underwriting.

Vopred ďakujem všetkým za akúkoľvek pomoc s prekladom tohto slova do slovenčiny.

Discussion

Stuart Hoskins Feb 28, 2009:
autorisierte Zeichnungsstelle German coverholders appear to call themselves "autorisierte Zeichnungsstelle" (authorized underwriting agency). I don't know if that helps, but at least it's more generic than coverholder.

Proposed translations

+1
39 mins
Selected

delegovaný zástupca (poisťovne)

Example sentence:

Whilst a Lloyd’s managing agent has authority to enter into contracts of insurance on behalf of a syndicate it manages, it can delegate its authority to another company or partnership (referred to as a company throughout thishandbook).

At Lloyd’s, such a company is referred to as a coverholder.

Peer comment(s):

agree Maria Chmelarova
48 mins
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4 KudoZ points awarded for this answer. Comment: "Ďakujem, Michal. Myslím si, že toto vyhovuje môjmu textu najviac."
44 mins

splnomocnenec

perhaps you could leave it in English if it's Lloyd's-specific (with an explanation)?
Note from asker:
It is not Lloyd's-specific. That text is just an example of usage from the web. Thanks Stuart for your input.
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44 mins

brokerska poisťovacia spoločnosť

* brokerska - sprostredkovane poistenie

vid http://www.experting.cz/ > medzinarodne sluzby > lloyds
http://www.lloyds.com/Lloyds_Market/Directories/Coverholders...



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Note added at 45 mins (2009-02-27 18:40:13 GMT)
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brokerska = brokerská

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Note added at 13 hrs (2009-02-28 07:18:35 GMT)
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broker - sprostredkovateľ, v tomto prípade sprostredukujúci poistenie Llloyds
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