First National Title Insurance Company (FNTI) revenue of $22.5 million through June 30, represents significant growth and a 31 percent increase over the same period in 2014. FNTI continues to develop the independent agent model and recognizes the opportunities our agent-focused team has uncovered. Based on first quarter revenues, the company’s rank among title insurance underwriters (determined by gross revenue) advanced to the 14th largest underwriter in the country and the eighth largest underwriter in Texas.
“At FNTI’s inception in 2012, we envisioned an underwriter that would service the needs of the independent agent with an experienced caring staff dedicated to earning the agent’s trust and respect. That vision has been realized and is evident in the financial results announced today. We anticipate continued financial growth and success as we take advantage of the opportunities presented in our current footprint of Texas, Arizona and New Mexico.”
We are also celebrating the one year anniversary of the launch of FIRST App, a mobile app for iPhones, iPads, and Androids! We have seen tremendous success with our title agents and their clients using this new tool. With easy access to a “Buyer Cost Estimate,” “Seller Net Estimate,” and both a Mortgage and Title Premium Calculator, this app provides all the tools necessary to quickly calculate costs and returns on any real estate transaction. Each worksheet can be saved for future reference or e-mailed directly to prospective clients from any “smart” phone. For additional information or to download the FIRST App mobile app, visit the FNTI website at www.fnti.com/firstapp.