Amalgamated Traded Policy Services (Pty) Ltd (ATPS) as a market maker has an infrastructure consisting of:
decades of combined experience in an extremely specialised and niche, yet ill-informed market
specially developed software
administration and management systems
intellectual ... More Details »
What is APE?
APE is an acronym for Automated Policy Evaluator. It is a FREE software application that has been developed by ECO Technology (Pty) Ltd, to automatically evaluate policies issued by the insurance companies under the Long Term Insurance Act for the benefit of Brokers and Clients, ... More Details »
An irrevocable guarantee is one of the ways of establishing the security needed for reinsurance ceded for a foreign reinsurer to be regarded as approved reinsurance under the Insurances Acts. The guarantee has prescribed wording and needs to be issued by a locally registered bank.