PlusOne Services has signed up its first client for its white labelling and third party administration offering, Embryo.
It said the Mortgage Support Network was the first client for Embryo, which is aimed at general insurance, IFA networks and mortgage clubs.
PlusOne chief executive Simon Hood, said: “Our service is aimed at those organisations which have decided to take on their own compliance in 2005 and wish to offer their own brand general insurance products.
“We are delighted that MSN has decided to take on the Embryo system which enables them to utilise white label existing products which are supported by quality underwriters in Norwich Union Insurance.
“Mortgage Support Network currently provides a comprehensive mortgage service to over 1,000 advisers and intends to grow this even further during 2004.”
