Glossary entry

Italian term or phrase:

l\'attribuzione della produzione

English translation:

determination of the broker\'s business

Added to glossary by maryrose
Jul 4, 2010 00:45
13 yrs ago
Italian term

l'attribuzione della produzione

Italian to English Bus/Financial Insurance
From FAQs on the regulations on insurance broking:

La possibilità di operare legittimamente nei termini descritti è tuttavia subordinata al rispetto delle condizioni di seguito illustrate, che ne costituiscono la naturale conseguenza e ne garantiscono la coerenza con la disciplina sull'intermediazione assicurativa:

- ai fine di assicurare la necessaria trasparenza, le imprese e gli intermediari dovranno prevedere adeguate procedure di registrazione amministrativa e contabile che consentano**l'attribuzione della produzione al broker**;

I imagine it means that for tax and other purposes the broker has to be able to demonstrate they are a "producer" of goods or services but, if I'm right, is there a neater way to express that? Thanks.

Proposed translations

1 hr
Selected

determination of the broker's business

I.e., how much business the broker produces for the insurance company
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4 KudoZ points awarded for this answer. Comment: "Thanks, Peter, just the job."
8 hrs

attribution of production to the broker

in simple terms I think this means transfer the competency of production to the broker for administrative purposes
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