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SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Learn to Avoid Risk in Decision Making

November 12, 2009

Leaders in all fields, including the title insurance industry, make crucial decisions every day. The harsh truth is that they mismanage many of those choices, even though they have the right intentions. These blunders take a huge toll on leaders, their organizations and the people they serve. Why is it so hard to make sound decisions? We fall victim to simplified mental routines that prevent us from coping with the complex realities inherent in important judgment calls. Yet these cognitive errors are preventable. Title insurance industry professionals are encouraged to participate in a phone seminar titled “Think Twice! How to Recognize and Avoid Risk in Decision-Making” from noon to 1 p.m. Nov. 17 and listen to Michael J. Mauboussin, chief investment strategist at Legg Mason Capital Management, to learn how to recognize and avoid common mental missteps including:

  • Misunderstanding cause-and-effect linkages
  • Aggregating micro-level behavior to predict macro-level behavior
  • Not considering enough alternative possibilities in making a decision
  • Relying too much on experts
Sharing vivid stories from business and beyond, Mauboussin offers powerful rules for avoiding each error. And he explains how to know when it's time to think twice -- to question your reasoning and adopt decision-making strategies that are far more effective, even if they seem counterintuitive.

Master the art of thinking twice, and you'll start spotting dangerous mental errors in your own decisions and in those of others. Equipped with this awareness, you'll soon begin making sounder judgment calls for your organization.

Mauboussin is the author of More Than You Know: Finding Financial Wisdom in Unconventional Places-Updated and Expanded, named best business book by BusinessWeek and best economics book by Strategy+Business. He is also co-author of Expectations Investing: Reading Stock Prices for Better Returns. Mauboussin is on the Board of Trustees and Science Steering Committee at the Santa Fe Institute, a leading center for multi-disciplinary research in complex systems theory.

The event is sponsored by the Harvard Business Review.

To register, click here.

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American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
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