First American Financial Corporation [1], a provider of title insurance, settlement services and risk solutions for real estate transactions, announced it has acquired Title Security Agency, LLC, a member of the Arizona real estate community with a track record that spans four decades. First American had been a minority owner for five years.
Title Security Agency, LLC, which specializes in title and escrow services for residential and commercial transactions and has 17 offices in Arizona, will become part of the direct operations of First American’s largest subsidiary, First American Title Insurance Company.
“Title Security Agency, LLC is a welcome addition to the First American family. Both companies emphasize a commitment to delivering superior service and innovation,” said Chris Leavell, COO, First American Title. “The addition of Title Security Agency, LLC expands our abilities to serve customers in Arizona and enhances our expertise in the Arizona market.”
Title Security Agency, LLC customers will benefit from enhanced underwriting resources and title production capabilities, as well as access to other industry-leading resources for residential transactions.
“I’m excited about the new opportunities for Title Security Agency staff to serve our customers as the Arizona real estate market continues to grow,” said Thomas Sullivan, Founder of Title Security Agency, LLC. “Title Security Agency employees will also appreciate the opportunity to be part of a company named to the Fortune 100 Best Companies to Work For® list for the last four consecutive years.”
Title Security Agency, LLC President Vivian Boggie, COO Bruce Jacobs, and SVP Mary Ann Christensen will remain with the company and manage the day-to-day operations.