Agents National Title Fastest Growing Underwriter in 2020
May 6, 2021
Agents National Title Insurance Co. capitalized on a $2.6 trillion origination refinancing wave in 2020 and became the fastest-growing title insurance underwriter in the country last year, according to data from ALTA’s latest market-share report.
Agents National Title achieved a 262% increase in premiums from 2019 to 2020. The firm delivered particularly noteworthy growth in Florida, Texas and California, contributing to a year-over-year increase of $48 million in premiums.
“We’re thrilled that lenders across the country now see Agents National as their premier title insurance partners, as we help them save time and money, shorten rate lock times, and close faster,” said David Townsend, president of Agents National Title. “All the credit goes to our topnotch network of agents, and our in-house underwriting and operations staff who help them shine. We’re rolling out even more technologies and tools to differentiate our services and our people in the year ahead.”
Among many recent milestones, Agents National has:
- Launched the REalSearch “instant title” decisioning engine, which is now running 1,000 transactions per day, delivering title reports within minutes, and reducing clear-to-close turn times to about 2.5 days from the industry-standard 7.5 days.
- Built integrations with virtually every title agency system to provide customized production support.
- Introduced back-office services for agents, such as out-of-state title searches, examinations and commitments.
- Recruited long-time industry executives Todd Mendolia as chief operating officer and Dan Hassen as national agency manager, and promoted controller Elizabeth Blake CPA to chief financial officer.
Contact ALTA at 202-296-3671 or [email protected].