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IconOUTSOURCING COMPANIES

CSC

 CSC offers the South African market a wide range of services, including systems integration, application and infrastructure outsourcing, and business process outsourcing, as well as financial services solutions. In South Africa CSC also provides Business Process Outsourcing (BPO) services to manage ...
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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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Portfolio Reinsurance (transfer):

Reinsurance on a bulk basis. Occurs frequently at the inception or termination of a reinsurance treaty. Also used as a means by which a company may retire from a particular agency, territory, class of insurance business or from the insurance business entirely. All business in force of the type, line or class which the company desires to reinsure is usually reinsured by the payment of the unearned premium reserve to the reinsurer less an agreed commission ...
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