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 arrangement whereby reinsurances are placed one against another so that a ceding company will only place a share of its business with a reinsurer who is willing to provide a similar share of its own business. Reciprocity is normally confined to fire proportional business and is occasionally based on an equivalent profit exchange rather than on premium income.