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 »
Used in reinsurance treaties to refer to the ceding company’s loss which is reinsured by the treaty. It represents the sum or sums paid by an insurance company in settlement of all losses arising out of one event. It includes any litigation or other expenses incurred in connection therewith, but excludes any charge for the services of any salaried employee of the insurer in connection with the investigation of claims less all recoveries, whether ...