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predlagatelj osiguranja

English translation: creditor


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Croatian term or phrase:predlagatelj osiguranja
English translation:creditor
Entered by: bjuric2
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12:10 Oct 3, 2006
Croatian to English translations [PRO]
Bus/Financial - Finance (general)
Croatian term or phrase: predlagatelj osiguranja
Radi osiguranja cjelokupne tražbine Banke prema Korisniku kredita temeljem ovog Ugovora, Korisnik kredita, kao protivnik osiguranja, suglasan je i dozvoljava da se na Privrednu banku Zagreb – dioničko društvo, Račkoga 6, Zagreb, kao predlagatelja osiguranja, prenese pravo vlasništva na pokretnini – vozilu marke: ____________; boje:____________; motor capacity:_______________; motor strength:_______________; chassis number:_______________; motor:_______. ....................................
bjuric2
Local time: 08:04
creditor
Explanation:
I think that it would be useful to write this in English for other colleagues outside of Croatia.

Maybe the creditor is not 100% the linguistically appropriate word, but that is what the bank is in this case as the entity.

The question of collaterals is a complex issue. This is actually a type of collateral/security/guarantee from the debtor to guarantee the credit/loan. The loan contract and other documentation are notarised.
Insurance policy is another type of collateral that is also requested and that involves the insurance company (primarily for the possible indemnity).

I am very well aware of the fact that the word "osiguranje" is confusing to the English speakers outside of Croatia, but it has multiple meanings. The specialy area is also not easy, but I hope that this will help you to understand and clarify this issue.
Selected response from:

Ana Kardum
Croatia
Local time: 08:04
Grading comment
Again thank you for all your help and explanation. The client asked us to use this term
4 KudoZ points were awarded for this answer



Summary of answers provided
5creditor
Ana Kardum
4insurance carrierxxxSimonFJohnso


Discussion entries: 1





  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
insurance carrier


Explanation:
This is the term used by my US colleagues when I worked in insurance.

Carrier is used since it indicates that the insurance company carries the risk on behalf of the policyholder.

You might also use simply insurance company.

--------------------------------------------------
Note added at 23 hrs (2006-10-04 11:47:16 GMT)
--------------------------------------------------

Re: Ana's comment. It is possible to use insurance in this sense in English too but is not normal.

However, it sounds from the above like it could be a case of bankassurance i.e. where banks provides an insurance-type products. To avoid confusion with an actual insurance carrier/company, one could try 'provider of insurance coverage' or 'credit-provider'.

xxxSimonFJohnso
United Kingdom
Local time: 09:04
Native speaker of: English
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Pierre Perkovic
6 mins
disagree  Ana Kardum: This does not involve the insurance company, but the bank and the debtor. I know that this is difficult to translate as our system may be different... Please, do not immediately assume that 'osiguranje' as insurance as it is often a collateral.
23 hrs
  -> Hvala. I wonder then if osiguranje could be translated as security of collateral, we say in English that the bank requires security/guarantee/collateral from the debtor (material) to guarantee the credit/loan. Naturally insurance is one of the tools...
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23 hrs   confidence: Answerer confidence 5/5
creditor


Explanation:
I think that it would be useful to write this in English for other colleagues outside of Croatia.

Maybe the creditor is not 100% the linguistically appropriate word, but that is what the bank is in this case as the entity.

The question of collaterals is a complex issue. This is actually a type of collateral/security/guarantee from the debtor to guarantee the credit/loan. The loan contract and other documentation are notarised.
Insurance policy is another type of collateral that is also requested and that involves the insurance company (primarily for the possible indemnity).

I am very well aware of the fact that the word "osiguranje" is confusing to the English speakers outside of Croatia, but it has multiple meanings. The specialy area is also not easy, but I hope that this will help you to understand and clarify this issue.


    Reference: http://www.poslovniforum.hr/zakoni/zakoni-zoo-05.asp
    Reference: http://www.limun.hr/main.aspx?id=13726&Page=
Ana Kardum
Croatia
Local time: 08:04
Works in field
Native speaker of: Native in CroatianCroatian
PRO pts in category: 16
Grading comment
Again thank you for all your help and explanation. The client asked us to use this term
Login to enter a peer comment (or grade)




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Changes made by editors
Oct 10, 2006 - Changes made by Miomira Brankovic:
FieldOther => Bus/Financial
Field (specific)Insurance => Finance (general)


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