35 new white label partners joined the platform in November, a 70% increase compared to what the company had secured in the 18 months prior to 1 November 2016.
White Label is the term used, when a third party uses the Ensurance online platform and rebrands it to make it appear as if it is their offering.
White label clients are a key metric for Ensurance as this allows it to reach a wide range of clients without the significant spend on direct to consumer marketing.
By partnering, this leverages the trusted relationship that the white label client has with their clients.
Ensurance is proactively targeting mortgage broker and real estate agent networks, with positive results being achieved and a significant number of inbound calls being received from the industry.
The company achieved a revenue of $3 million for the year ended 30 June 2016, a 14% growth over the previous year.
Ensurance’s shares were last trading at $0.215, up 7.5% intraday.