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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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Exposure:

This is the possibility of loss. It is criterion used in measuring the extent of a risk assumed by an insurer. From the statistical standpoint of rate calculation for short term insurance, exposure is the product of the amount of insurance at risk and the policy period expressed in years. For example, the exposure in the case of R1 000 payroll policy written for a year is R1 000 x 1, or R1 000; if written for six months, the exposure is R1 000 x ...
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