Title Insurers Expand Reinsurance Alliance

September 9, 2014

The American Title Reinsurance Alliance (ATRA) announced that Plano, Texas-based First National Title Insurance Co. (FNTI) has become the sixth member of its alliance.

ATRA was formed in formed in January 2012 to provide a secure source of reinsurance for large transactions for regional title insurers. The alliance secures reinsurance coverage through four Lloyds of London syndicates led by the Beazley syndicate.

Founding title underwriters include Agents National Title Insurance Company, Alliant National Title Insurance Co., Attorneys' Title Guaranty Fund of Colorado, Connecticut Attorneys Title Insurance Co. and Security Title Guarantee Corp.  ATRA will celebrate the fourth anniversary of its partnership with Lloyds in January 2015.

Founded in 2012, First National Title Insurance Company is now the 14th largest underwriter in the country as determined by gross revenues. 

“The financial strength and stability of the Lloyd’s syndication is an ideal solution to maintaining the regional underwriter’s independence in the reinsurance market,” said Chris Phillips, CEO of First National Title. “We believe this alliance will further enhance FNTI’s ability to compete on a national level.”

Contact ALTA at 202-296-3671 or communications@alta.org.