Westcor Land Title Insurance Company
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Westcor Land Title Insurance Company - overview
Location
Maitland, FL, US
Primary Industry
Insurance
About
Westcor Land Title Insurance Company specializes in providing title insurance and real estate transaction solutions, empowering title agents across the United States to conduct secure and efficient real estate closings. Westcor Land Title Insurance Company offers title insurance and related services to real estate professionals. The company is headquartered in Maitland, US. The CEO, Mary O'Donnell, leads the team, which has engaged in 1 deal, with the most recent deal taking place on September 18, 2020.
Westcor Land Title Insurance Company® offers a comprehensive suite of products and services focused on title insurance and real estate transaction solutions. Their core offerings support title agents throughout the United States, facilitating efficient real estate closings. The company provides technology-driven underwriting services to help agents mitigate risks and streamline operations, enhancing the transaction experience. It also offers free Continuing Education (CE) and Continuing Legal Education (CLE) classes to keep agents and their clients informed about industry requirements.
Westcor maintains a strong presence through regional offices, serving a diverse clientele of real estate agents, attorneys, and financial institutions involved in property transactions. Westcor Land Title Insurance Company® generates revenue primarily from title insurance premiums and related services offered to real estate agents and their clients. Operating under a B2B model, the company partners with title agents who purchase insurance policies on behalf of homebuyers and sellers, guaranteeing against potential defects in property titles. Westcor's reputation for reliability and low claims ratios contributes to a substantial volume of policies written annually, with a focus on simplifying the closing process to enhance agency profitability.
In December 2020, following an acquisition by The Orogen Group for a 77% majority stake, Westcor Land Title Insurance Company aims to support its next phase of growth. This acquisition will facilitate the expansion of Westcor's operations into new markets and geographic regions. The company plans to develop new products and enhance its existing service offerings to meet evolving industry demands. The strategic direction post-acquisition is designed to strengthen Westcor's market position and enhance its service capabilities.
Current Investors
The Orogen Group
Primary Industry
Insurance
Sub Industries
Consulting Services, Market Research & Consulting, eMarketing/Digital Marketing, Education & Training Services, Insurance Intermediaries
Website
www.wltic.com
Verticals
AdTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Westcor Land Title Insurance Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Westcor Land Title Insurance Company | - |
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