Agents National Title Achieves 126% Year-over-year Growth in Premiums
March 15, 2022
Agents National Title Insurance Co. reported a 126% increase in title insurance premium volume last year.
The company, which generated about $144 million in title premiums last year, said the results were driven by technological innovation, new vertical markets and joint ventures.
“All the credit for our strong growth goes to our positive, innovative and collaborative team—who will do whatever it takes to make their clients and partners shine. I couldn’t be prouder of our people and the way they handle every opportunity,” said David Townsend, president and CEO of Agents National Title.
Agents National Title now has over 500 agencies throughout the country—21% more than last year at this time.
Other growth drivers include:
- Technological innovation: Agents National’s latest innovation is Beacon, a “translator” that enables disparate title and real estate data systems, including the company’s REalSearch instant title decision engine, to talk with one another. For example, an underwriter can drop REalSearch onto Beacon, clear a title to close, and trigger production of all trailing documents—all in less than a minute.
- A focus on new vertical markets, such as solar and cannabis, along with support for commercial transactions and real estate investments.
- Joint ventures and alliances with other title insurers, real estate attorneys and real estate agents at the regional and national levels.
Contact ALTA at 202-296-3671 or communications@alta.org.