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Amalgamated Traded Policy Services (Pty) Ltd

 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 ...
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Automated Policy Evaluator (APE)

 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, ...
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From The Glossary »

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External Competition:

Insurers and pension funds are not only in aggressive competition with one another, but also with other contractual savings schemes (such as unit trusts). Over the years there has been a growing tendency for life insurers to compete more aggressively for personal savings. The need for this change became acute because of the rising level of inflation. Contributors to insurance policies saw the value of their contributions turned over to them at a ...
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