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Ensurance Ltd (ASX:ENA) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.
Ensurance Ltd’s (ASX:ENA) wholly owned subsidiary Ensurance UK Ltd, has recently executed key partnership agreements, including with Swiss Re Corporate Solutions.
One of the global insurer is based out of Australia and the other is based out of the UK. Ensurance now has agreements with 33 distinct white label partners with 20 joining the platform since 1st July 2016. The company has developed solutions to provide general insurance products through digital media channels. Third party white label partners are using Ensurance products on the digital platform and rebrands it to make it appear as if it is their offering.