Orogen Group Acquires Majority Stake of Westcor
December 3, 2020
The Orogen Group received regulatory approval to acquire a majority stake of Westcor Land Title Insurance Co.
“Westcor plays a critical role in facilitating real estate transactions for millions of consumers,” said Vikram Pandit, Orogen’s chair and CEO. “Mary O’Donnell and her team are at the forefront of bringing new and innovative approaches to the title insurance industry by leveraging technology to improve efficiency, make agents’ lives easier, and enhance the customer experience. We look forward to working with Mary and the Westcor team to help drive their next chapter of success.”
Since O’Donnell was appointed CEO of Westcor in 2004, the company has grown from a three-state underwriter to the fifth largest underwriter of title insurance in the United States.
New York-based Orogen is a private operating company focused on making significant long-term control and other strategic investments in financial services companies and related businesses. Orogen delivers extensive resources and strategic and operational expertise to help its partner companies achieve their growth potential.
“I couldn’t be more excited about partnering with Vikram and the Orogen team as we execute our long-term vision for Westcor and embark on this next phase of growth for our company,” O’Donnell said.
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