Canadian History
In the early 1990’s our founders in Canada pioneered the concept of standardized and centrally serviced transaction management for mortgage processing. Traditionally completed by the legal community, there was an opportunity to perform this work more efficiently and cost effectively for financial institutions and their clients. Our first lender program was formally awarded to us at that time by a major Canadian financial institution, which we have proudly retained as a client since that time.
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Today, with five offices across Canada and 250 employees, FNF Canada operates in every region of Canada facilitating all aspects of mortgage transactions; including title insurance, document processing, property tax management, appraisal services and valuations for financial institutions.
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Corporate History
Fidelity National Financial, Inc. (NYSE: FNF), currently ranked number 366 on
Fortune’s list of America’s largest companies, is a leading provider of title insurance, specialty insurance and claims management services. The company is mainly comprised of: Fidelity National Title Group, Inc. (FNTG) and Fidelity National Property and Casualty Insurance Group. Ceridian is a minority-owned subsidiary of FNF.
FNTG is the largest title insurance company in the world with 37.2% market share, operating through seven brands (Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title, Commonwealth and Lawyer’s Title).
Collectively we have the largest claims reserves in the industry to protect policyholders. At $2.2 billion dollars (as at 12/31/10), our reserves exceed the total reserves of the next three largest title insurers combined and are double the level of our next closest competitor.
FNF is an industry leader in all measures of financial strength, with exemplary ratings from leading rating agencies.
| FINANCIAL STRENGTH RATINGS |
Standard & Poor’s |
Moody’s |
A.M. Best |
| Fidelity National Financial |
A- |
A3 |
A- |
| |
| CLAIMS PAYING ABILITY RATINGS |
Lace Title Rating Corporation |
|
|
Chicago Title Insurance Company
Lawyers Title Insurance Company
Fidelity National Title
Security Union Title Insurance Company
Alamo Title Insurance
Ticor Title Insurance Company
Commonwealth Land Title Insurance Company |
B+
C+
B
B+
B
A
C+ |
|
|
| |
| FINANCIAL STABILITY RATINGS |
Demotech Inc. |
|
|
Chicago Title Insurance Company
Lawyers Title Insurance Company
Fidelity National Title
Security Union Title Insurance Company
Alamo Title Insurance
Ticor Title Insurance Company
Commonwealth Land Title Insurance Company |
A”
A
A’
A'
A’
A’
A |
|
|
The following is a high level snapshot of our history.
FNTIC = Fidelity National Title Insurance Company FNIS=Fidelity National Information Services AIS = ALLTEL Information Services LSI = Lender’s Service Inc. ANFI = ANFI, Inc. APTIC= American Pioneer Title Insurance Company FNTG = Fidelity National Title Group JAX =Jacksonville, Florida