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OUTsurance

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Tel: 08 600 60 000
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.
Licence:
Accident & Health
Guarantee
Liability
Miscellaneous
Motor
Property
Transportation

OUTsurance is a direct short-term insurance operation within the RMBH FirstRand stable, a leading South African financial services group.

Launched in February 1998, OUTsurance soon captured the imagination of the public with its innovative approach that included a suite of products with a range of special features and benefits.

On 1 January 2000 OUTsurance merged with First National Insurance, a company within the same group. The merger formed part of the broader FirstRand bank assurance strategy and consolidated the group's short term insurance business.  As a result OUTsurance became one of the leaders within the industry in offering House Owners Insurance cover to bond account holders.

From The Glossary »

Counterparty:

A buyer or seller of an instrument. There are therefore two counterparties to a trade. A central counterparty stands between them, buying from the seller and selling to the buyer.
More Definitions »

 
 
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