Demotech Partners With Tridster to Help Consumers Make Better-Informed Decisions on Title Insurance

January 9, 2018

Demotech and Tridster have partnered to provide consumers with financial stability ratings when they are shopping for title insurance companies.

Demotech provides independent financial analysis firm that evaluates and rates the financial stability of insurance companies, while Tridster is a price comparison provider.

 “When selecting an insurance product, consumers should evaluate a number of things: the cost and coverage of the insurance, the quality of service provided by the title agency or insurer, and the financial strength of the underwriting insurer,” said William DeVar, CEO of Tridster. “Adding Demotech ratings to our existing price comparison offering enables us to deliver an important element of that decision-making process directly to consumers as they shop for savings. They can now find title insurance cost and insurer rating information all in one place.”

Barry Koestler, chief ratings officer of Demotech, added, “Demotech is pleased that Tridster chose to incorporate Financial Stability Ratings (FSRs) into their comparison tool. As the first company to review the financial stability of the title insurance industry and publish independent financial opinions, Demotech has assigned FSRs to virtually all title underwriters, largest to smallest, since 1992. FSRs allow consumers to examine an independent opinion of the financial stability of a title underwriter.”

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