to bind a quote/premium

French translation: sceller ...

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:to bind a quote/premium
French translation:sceller ...
Entered by: Sandrine Nouvel

13:36 Jul 30, 2014
English to French translations [PRO]
Bus/Financial - Insurance / property casualty
English term or phrase: to bind a quote/premium
A broker with which X has not bound any new premium in two years or more.

under "common metrics"
Bind to quote: A ratio that indicates the yield obtained through our underwriting efforts.
Sandrine Nouvel
France
Local time: 12:01
sceller ...
Explanation:
Appréciez que 'sceller' réunit le sens physique de lier ou fixer et le sens figuratif de conclure.
Selected response from:

Leman (X)
Morocco
Local time: 11:01
Grading comment
merci
4 KudoZ points were awarded for this answer



Summary of answers provided
4conclure un contrat d'assurance
FX Fraipont (X)
3 +1sceller ...
Leman (X)
Summary of reference entries provided
Pour comprendre la signification de "to bind a quote"
Victor Santos

  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
conclure un contrat d'assurance


Explanation:
ratio bind/quote = ratio contrats conclus/devis


"Formation conclusion gagnante, vip attitudes, formation ...
http://www.vipattitudes.fr/formation-conclusion-gagnante.asp
Des échecs trop souvent répétés et incompris dans la phase de conclusion peuvent ... Augmenter le ratio « contrats/devis »; - Augmenter la marge des affaires ..."

FX Fraipont (X)
Belgium
Local time: 12:01
Native speaker of: Native in FrenchFrench
PRO pts in category: 200
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
sceller ...


Explanation:
Appréciez que 'sceller' réunit le sens physique de lier ou fixer et le sens figuratif de conclure.

Leman (X)
Morocco
Local time: 11:01
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
merci

Peer comments on this answer (and responses from the answerer)
agree  GILLES MEUNIER
2 days 17 hrs
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Reference comments


14 mins peer agreement (net): +2
Reference: Pour comprendre la signification de "to bind a quote"

Reference information:
"What does it mean to bind a quote?

“Binding” insurance coverage is an important feature once you find a quote that you like. In the non-insurance world to “bind” is to accept the duty of keeping a commitment. Translated to the insurance industry, when your agent “binds” your quote, it means that you now have coverage in force." =====> rendre la couverture effective (suite à l'acceptation du devis)

http://blog.kdsmithinsurance.com/2012/05/what-does-it-mean-t...

Si votre question porte plus particulièrement sur "bind to quote", j'ai trouvé ceci: " taux de concrétisation des devis en contrats"

http://www.ccmbenchmark.com/institut/blog/tag/e-assurance/


    Reference: http://blog.kdsmithinsurance.com/2012/05/what-does-it-mean-t...
Victor Santos
France
Specializes in field
Native speaker of: Native in FrenchFrench, Native in PortuguesePortuguese
PRO pts in category: 19

Peer comments on this reference comment (and responses from the reference poster)
agree  GILLES MEUNIER
30 mins
agree  Bernard Moret
1 day 5 hrs
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