This has been announced as an achievement for this new business, launched only this year to provide white label insurance solutions to the insurance market.
Simon Hood, Chief Executive said, “The endorsement of the “white label” market by the FSA being Minded To Authorise PlusOne Insurance Solutions, ensures that we can continue to push ahead with our strategy into a market we believe offers continued flexibility to companies wishing to promote their own insurance products.
"We are seeing more and more organisations wanting to develop their own brand of general insurance products which they find attractive proposal in a market that has become swamped with confusion as to which direction to take under regulation. We see our MTA as an extension to the market of what is on offer, the gates are now open for more opportunities for us and for potential clients.
"Our recent success with Bath Building Society, MSN, Lime, General Times and Stafford Railway Building Society is testament to the confidence our new partners have had in our proposition and more importantly our intended position under regulation.”
