CATIC Begins Operations in Texas
September 5, 2024
CATIC is now licensed and operating in Texas. Patrick Opela, vice president and state manager for Texas, and Fred Schraub, vice president and Texas state counsel, will spearhead CATIC's efforts in the state.
"Both Patrick and Fred are long-time Texans and are highly respected industry leaders, with deep agent relationships, making them the perfect team to jump-start our Texas operations,” said Kyle Rank, senior vice president and national agency manager for CATIC.
In business for more than 50 years, the CATIC Family of Companies is currently doing business through an independent agent network in 25 states. Its sister company, CATIC Title Insurance Co., issues policies in New York, New Jersey and Pennsylvania.
“Operationalizing Texas has been a long-term, key strategic objective for the company," said James M. Czapiga, CATIC Financial’s CEO. "CATIC is a company founded on the fundamental principle of servicing the independent agent exclusively. CATIC does not compete with its agents. It does not have any direct agency operations or any affiliated businesses. It has only one objective, to serve the independent agent, and we are looking forward to now being able to help the great independent agents of Texas grow their business and preserve their important role in the real estate eco-system.”
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