Risk Management Flashcards
def term: adverse effect
damage
def and translate: insurer
provides insurance against loss or damage
zavarovalnica
def and translate: insurance underwriter
accepts liability up to a specified amount in an insurance policy
prevzemnik tveganja
def and translate: insurance agent
provides insurance on behalf of an insurance company
zavarovalniški zastopnik
def and translate: loss adjuster
assesses the validity of an insurance claim of behalf on an insurance company and authorises an appropriate payment or repairs
škodni cenilec
def and translate: actuary
calculates insurance premiums, risks, dividends, and annuity rates
aktuar
def and translate: insurance broker
arranges the best insurance coverage for the lowest premium on behalf of the insured
zavarovalni posrednik
def and translate: reinsurer
obtains additional coverage for a risk that a company has been insured against
pozavarovalnica
def operational risk
arises from company’s operations (e.g. supply chain failure)
def financial risk
arises from finance (liquidity problems, tax changes)
def strategic risk
arises from risks in a particulate industry (e.g. product dev, increased competition)
def hazard risk
risk with a built-in ability to cause an adverse effect (e.g. natural disaster, business interuption)
def liability
legal responsibility
translate business continuity
neprekinjeno delovanje
def calling tree (or call tree)
a list of numbers to call in case of an emergency
translate ‘to take out insurance’
zavarovati se
def transient customers
customers that switch to competitors’ products
mitigation synonym
minimisation
compensated synonym
indemnified
indemnified noun
indemnification
translate insurance policy
zavarovalna polica
def belligirent
hostile, aggressive
translate premium (+ how often is it paid?)
premija. paid once or twice a year
what does coverage reduce?
exposure to insurable risks, but not to uninsurable risks
tr miniscule
majhno
tr remote
zelo malo verjeten
tr insignificant
nepomembno
to admit synonym
to concede
to recompense noun + its synonym
indemnity, compensation
tr negligible
zanmarljiv
concession synonym
admission
to comply with synonym
to conform to
tr secure the site
zavarovati območje
tr clerical error
administrativna napaka
tr inadequate supervision
nezadostna supervizija
tr misuse of confidental information
zloraba zasebnih informacij
tr act of god
višja sila
Millions of people in Africa are _______ starvation.
at risk of / at risk from ?
at risk from
tr škodni dogodek
loss event / damage
victims snynoym
casualties
tr pripravljalni ukrepi
preliminary measures
tr načrt za obvladovanje krize
contingency plan
tr seznam nujnih telefonskih številk
calling tree
tr izplačati odškodnino
to compensate, to indemnify
tr pravni postopki
legal actions
tr krizno komuniciranje
crisis communication
tr priznanje odgovornosti
admission of liability, concession of liability
tr odzivna hitrost
speed of response
tr ‘the insured’
zavarovanec
tr insurance underwriter
prevzemnik tveganja
tr insurance broker
zavarovalniški posrednik
tr indemnity
odškodnina
tr insurance claim
škodni zahtevek
