Research & Markets: US Title Insurance Services: An Industry with Approx 100 Licensed Carriers such as Fidelity National Fina...
Research and Markets
has announced the addition of the "Title Insurance Services "
report to their offering.
The US title insurance industry includes about 100 licensed
carriers with combined revenue of about $15 billion. Major
companies include Fidelity National Financial, First American Title
Insurance, Old Republic National Title, and Stewart Information
Services. The industry is highly concentrated.
Home sales and mortgage refinancing are the primary drivers of
demand for the title insurance industry. The profitability of
individual companies depends on efficient operations because of the
large volume of transactions. Large companies benefit from
economies of scale in access to large accumulated databases of
property records. Small companies can mainly compete by
specializing in non-standard titles or in geographical regions that
the large companies don't cover.
PRODUCTS, OPERATIONS & TECHNOLOGY
The two types of title insurance policies are for owners and
lenders, and may be issued for either residential or commercial
properties. Most title companies get the majority of their revenue
from the residential real estate market. Although commercial real
estate transactions are generally larger, an estimated 80 percent
of insurance volume is from residential properties. Both home sales
and mortgage refinancing trigger the need for a title search and an
Title insurance is issued after a search of various public
records to establish who owns the title to a property and to
uncover any existing liens, use restrictions, or ownership interest
held by any other party.
Key Topics Covered:
Quarterly Industry Update
Trends AND Opportunities
Call Preparation Questions
Website and Media Links
Glossary of Acronyms
For more information visit
Source: First Research