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English to French translations [PRO] Law/Patents - Insurance / insurance
English term or phrase:book of buildings
There are numerous and innovative ways to manage risk. With a foreign subsidiary you can have permanently placed experts. They can communicate with each other, and share ideas on how to avoid risk. They can share ideas about how to react to a claim, about the danger of trying a claim, or whether a claim should be settled. This can be done in the products area or with a book of buildings in the first party area. It allows consistency and trust. This helps people trust each other and work together when the bad situation or the bad claim occurs.