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FspHUB

 Efficiency, finally. FspHUB for financial service providers is an easy to use management system built with you in-mind. Designed to make your practice more profitable, compliance is just a fringe benefit of the innovative design. Improve the synergy of your small team or even connect ...
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Ovations

 LESS RISK: MORE REWARD   Since 1998, Ovations has helped many banks, insurers and other large enterprises to achieve sustainable business improvement through the introduction of holistic solutions that span people, processes and technology. We deliver solutions through a combination of ...
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Rock Consulting (Pty) Ltd

 Rock Consulting (Pty) Ltd, the business and staff efficiency specialists, was formed in 2001 with the express focus of providing support to enterprises in the financial, (primarily Insurance and Banking), sectors of Southern Africa in their quest for improved efficiency in their administration ...
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From The Glossary »

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Subrogation:

The statutory or legal right of an insurer to recover from a third party who is wholly or partially responsible for a loss paid by the insurer under the terms of a policy. For example, when an insurer has paid the insured for loss sustained to his car as the result of a collision, the insurer may collect, through the right of subrogation, from the person whose car caused the damage.
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