July 07, 2016
OneTitle Announces New Financial Capacity for Large Transactions
New reinsurance agreement provides direct, life-of-policy coverage on all title policies in excess of $250,000 at no additional cost to clients
OneTitle to extend expanded reinsurance retroactively to all policies already issued
OneTitle National Guaranty Company, Inc. (www.onetitle.com) today announced that as of July 1, 2016, OneTitle dramatically expanded both the company’s capacity to insure large transactions and the protection OneTitle offers to policyholders. Under a new automatic facultative reinsurance agreement provided by a global reinsurer, each OneTitle policy—including both large and small commercial and residential transactions—will be directly and individually reinsured for all losses in excess of $250,000 for as long as the policy is in effect, at no additional cost to clients.