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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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Aggregate Extension Clause:

This clause is used in connection with liability and professional indemnity reinsurance to provide additional cover in respect of the liability incurred by a ceding company for losses on risks where there is an aggregation or accumulation of policies involved in the same loss (whether issued to the same insured or not). If required by the ceding company, the reinsurance treaty is extended by an aggregate extension clause to protect it against losses ...
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