NEW YORK--(BUSINESS WIRE)--EnTitle Insurance Company has been named to the Inc. 500|5000 list of the fastest-growing private companies in America. This is the first time the company has been eligible to qualify for the list.
Entitle Direct Group, the parent company of EnTitle Insurance Company, was established in 2006 by its CEO and President, Timothy Dwyer. In 2008 the company started ENTITLE DIRECT (www.ENTITLEDIRECT.com), an online platform that delivers title insurance directly to consumers at significantly lower rates (35%) than those available through traditional title insurance companies. The company’s mission is to educate consumers on how to take control of their real estate closing process and costs.
Consumers benefit from working with ENTITLE DIRECT’s specially trained Closing Specialists, who order title searches, obtain title commitments, coordinate closings with all parties, obtain payoffs, prepare ENTITLE DIRECT HUD-1 Settlement Statements, schedule closings, and ensure the funding of loans. Additionally, the company offers the patent-pending Control Panel, an industry-first that allows consumers to view all of their closing documents in real time.
“It’s an honor to make this year’s prestigious Inc. list and be in the company of other successful, highly regarded businesses,” says Dwyer. “Response from consumers and mortgage professionals to ENTITLEDIRECT.com has been great since its launch, and we are seeing exponential growth. It’s clear that in this tough economy, consumers are shopping for the best mortgage rates and educating themselves about ways to lower closing costs, and we’re excited that they are turning to us for reliable, expert information, advice and tools.”
EnTitle Insurance Company was ranked #38 on the Inc. 5000 insurance industry category list and #3,242 on the overall list. In 2009, the company reported $6.9 million in revenue, up 60% from $4.2 million in 2006. Now in its second year of operation, ENTITLE DIRECT has already sold twice as many title insurance policies as it did in its first year. The company currently works with consumers, mortgage brokers, lenders, and real estate professionals in 36 states and the District of Columbia to provide title insurance, and is applying for licenses in six additional states.
About ENTITLE DIRECT
Entitle Direct Group, based in Stamford, Connecticut, is the parent company of EnTitle Insurance Company, the country’s first direct-to-consumer title insurance company offering significant savings. The ENTITLE DIRECT website is the direct-to-consumer distribution channel and an operating division of EnTitle Insurance Company.
EnTitle Insurance was founded in 1978 in Cleveland, Ohio, where it remains headquartered today. EnTitle Insurance is regulated by the Ohio Department of Insurance and is approved to issue title insurance by the Departments of Insurance in every state where its policies are offered. EnTitle Insurance is a member of the American Land Title Association, and only issues policy forms approved by the American Land Title Association and other state associations, where applicable.