OneTitle National Guaranty Co. is the newest licensed underwriter in the State of New York. Founder and Chief Executive Officer Daniel Price and Senior Vice President and General Counsel Vincent Danzi spoke with The Title Report about how OneTitle’s new direct model offers savings in reduced policy rates and fees.
OneTitle was officially formed in 2013, but opened to the public earlier this year.
“We saw a real opportunity in the market to provide a superior level of service with a different business model and to drive significant savings—including lower filed rates and lower fees for all transactions—to our policyholders and partners including lenders, attorneys, developers and others,” said Dan Price, founder and chief executive officer.