Posts Tagged ‘Independent Underwriter’

Westcor Announces New Mountain States Regional Office Providing services to Idaho, Utah, Montana and Wyoming

Thursday, December 17th, 2009

BoiseWinter Park, FL—August 18, 2009 Westcor Land Title Insurance Company, the nation’s leading independent underwriter, has announced its Mountain States Regional Agency (MRSA) office is now open for business in Boise, Idaho, to support independent title agencies in Utah, Idaho, Montana and Wyoming. The office offers a full menu of underwriting services to independent agents that can be customized to meet and support individual agency needs.

Formerly with a major underwriter, and natives of Boise, Idaho, Michael J. Koloski is leading the new Mountain Agency office as Vice President along with Robert E. Rice as Regional Counsel.

Mr. Koloski is a well-respected industry veteran who has served the title industry for over thirty years. Mr. Koloski and Mr. Rice have worked together successfully for several years serving title agents in the mountain states region.

“We welcome the wealth of knowledge, experience and support associated with Mike and Bob,” said Mary O’Donnell, Westcor’s President and Chief Executive Officer. “Recognized for their excellence as service performers, their contribution will be a tremendous asset to the title agents in the region they serve.”

“They will be a great addition to our Western servicing platform, says Scott Chandler, Western Agency Regional Manager. “The additional office provides Westcor with the support and service structure to the western states that far exceeds their competition.” The new opening is another demonstration of Westcor’s commitment to serving the independent agent in the western region.

Westcor is a full-service underwriter that prides itself on independence. Its foundation is built to engage independent agencies looking for an alternative to the industry’s established underwriters. Westcor’s purpose is to provide support solutions that promote stability, growth and continued independence. The new office offers independent agencies traditional underwriting services with a customized approach. Every agent is treated on an individual basis with support for their business practices that affords convenience and functionality required for their businesses to thrive.

About Westcor Land Title Insurance Company
Westcor Land Title Insurance Company is a leading independent provider of title insurance. As one of the largest independent underwriters, Westcor is dedicated to the support and development of quality independent title agencies. Westcor will not compete against its agents.

We are committed to promote stability, growth and continued autonomy of independent title agencies. Our success is defined by our agents’ success.

Westcor Sustains and Grows in Second Quarter Despite Fluctuating Market Conditions

Thursday, December 17th, 2009

Winter Park, FL—October 5, 2009—Westcor Land Title Insurance Company, a leading independent underwriter, reports continued growth despite the challenging economic market conditions. According to second quarter reports released by the American Land Title Association (ALTA), Westcor has increased Market Share in many of the states in which they are licensed, with the most significant growth occurring in the Western region.

Westcor advanced its national market share from the second quarter of 2008 to second quarter 2009. Westcor reported a 62% increase in premiums written for the period.

The company credits their independent agents for their ability to sustain and grow in this market.

“The ability of our agents to remain consistent during challenging market environments is confirmation that service-oriented business philosophy and practices work. Believing in a standard of excellence and providing outstanding personalized service to our agents strengthens their position in the marketplace,” commented Mary O’Donnell, CEO and President of Westcor.

Westcor continues its expansion by working with quality independent title agents and providing them with personal service. The underwriter attributes their steady growth and success, despite market conditions, to their solid business model. That said, Shawn Patrick Abrahms, president of Trinity Abstract, in New York sums it up, “Had all underwriters stayed true to these practices, we could have avoided the turmoil we are currently suffering. . . Westcor’s business model is soundly based on good old- fashioned common sense and best business practices.”

About Westcor Land Title Insurance Company
Westcor Land Title Insurance Company is a leading independent provider of title insurance. As one of the largest independent underwriters, Westcor is dedicated to the support and development of quality independent title agencies. Westcor will not compete against its agents.