WFG National Title Insurance Company Attains Direct Underwriter Status in Colorado
The company is among only a handful of companies with that designation
February 27, 2019 — Portland, Ore. — WFG National Title Insurance Company (WFG), a Portland-based company specializing in national title insurance, settlement services, valuation and technology services, is pleased to announce that the Colorado Division of Insurance has approved the company as a direct insurance underwriter in the state. The company is now one of only a handful of national underwriters doing business in Colorado.
Direct underwriter status provides assurance to homeowners and mortgage lenders that the company meets the state’s high financial performance standards to handle any claims. It also means avoiding a third party should an issue arise on a property after it is insured.
“Operating as a direct underwriter allows us to offer a streamlined service directly from the insurer to the consumer,” said Anne-Marie Kuhlman, president of WFG’s Colorado division. “Our newly approved status will provide another financially sound option for consumers in the Colorado market. Today there are only a handful of national title companies operating as direct underwriters in Colorado.”
WFG is dedicated to taking time and cost out of real estate transactions. By focusing on clients and their processes, WFG helps compress the time required to close a loan and/or transfer real property ownership and increase closing rates.
“We have assembled a team of highly experienced and knowledgeable experts from the industry,” Kuhlman said. “We also offer a unique suite of award-winning technology service tools that create a transparent experience for all parties of the real estate transaction.”
“Achieving direct underwriter status in Colorado will increase our opportunities in this vibrant real estate market going forward,” said Steve Ozonian, president and CEO of WFG. “Colorado, and specifically the Denver metro market, have been active housing markets, with demand outpacing supply and price appreciation in the double digits two out of the past four years.”
About WFG National Title Insurance Company
Portland, Oregon-based WFG National Title Insurance Company (WFG), a Williston Financial Group company, is a new breed of national real estate service providers and title insurance companies powered by innovation and collaboration. Founded in 2010, WFG has become the fastest growing national title underwriter, creating and delivering a comprehensive suite of real estate-related services and technology. In all that it does, WFG strives to improve the real estate transaction, while increasing transparency and empowerment to the title agent, lender, realty professional and consumer.
WFG enjoys a Financial Stability Rating of A’ (A prime) as assigned by Demotech, Inc. Built around the directive to “communicate, collaborate, coexist,” WFG has worked to introduce a superior level of client commitment and service to the traditional mortgage and real estate industry, working to meet the changing needs of its clients, agents and associates. For more information, please go to www.WFGNationalTitle.com.