NEW YORK CITY—AmTrust Financial Services plans to enter the title insurance business, GlobeSt.com has learned EXCLUSIVELY. Spearheading the effort is Jason Gordon, who has been hired to serve as president of AmTrust Title, with responsibility for all domestic and international operations.
As part of its rollout, AmTrust Title will begin operations in New York, as well as eight other states, including New Jersey and Texas, even providing specialized title insurance products in the UK and Europe through its local partners.
“We have a highly experienced staff of industry veterans to oversee and implement the business plan that has been in development over the last 12 months,” Gordon says.
The industry professional most recently was SVP of Westcor Land Title Insurance Co. Previously, he worked at Fidelity National Title Insurance Co. as VP and counsel in the national commercial office here. He also served on the board of directors for Fidelity National Title de Mexico and FNF Title Insurance Company Ltd (Malta).
“AFSI generates over $6-billion in premiums and has approximately $2.8 billion in surplus capital within its family of companies,” Gordon continues. “Never before has the title insurance industry seen a player of this magnitude enter the marketplace with the capacity to insure the largest commercial real estate transactions nationally. Between AmTrust Financial's capacity, rating and an experienced team, we are prepared to insure the largest deals in the real estate industry.”
As part of its rollout, AmTrust Title will begin operations in
“We have a highly experienced staff of industry veterans to oversee and implement the business plan that has been in development over the last 12 months,” Gordon says.
The industry professional most recently was SVP of Westcor Land Title Insurance Co. Previously, he worked at
“AFSI generates over $6-billion in premiums and has approximately $2.8 billion in surplus capital within its family of companies,” Gordon continues. “Never before has the title insurance industry seen a player of this magnitude enter the marketplace with the capacity to insure the largest commercial real estate transactions nationally. Between AmTrust Financial's capacity, rating and an experienced team, we are prepared to insure the largest deals in the real estate industry.”
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