US Title Insurance Agency Acquires Utah-Based American Secure Title
April 5, 2022
Utah-based US Title Insurance Agency has acquired American Secure Title Insurance Agency, a title and escrow company with seven offices in Utah.
The combined organization will operate as US Title Insurance Agency, which operated 13 offices in Utah prior to the deal.
“This acquisition will allow us to combine forces with a well-respected brand to better serve the real estate and lending communities across a broader portion of the state,” said Steve Borget, US Title president. “Our clients will benefit greatly from our enhanced reach.”
American Secure Title has been family owned and operated since it was founded in 1998 by Gary and Saundra Phillips. The first employee hired by the company was Kim Winward, who acquired an ownership interest early in her career. The leadership team of Chase Phillips, Adam Phillips and Chad Phillips will join with the existing administrative team at US Title and provide continuity for employees and clients alike.
“This transaction will provide an extensive network of closing offices across the state,” said Chase Phillips, general manager for American Secure Title. “We will have more technology tools available for our clients. Our companies’ cultures and goals align perfectly. We are excited to continue our ‘Legacy of Service’ through this new chapter and we look forward to providing enhanced escrow and title services to our customers for many years to come.”
US Title joined the Shaddock family of companies in 2020. Founded in 1980, US Title now has five local title plants, 18 offices and a team of over 175 experienced title and escrow professionals.
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