Old Republic Title Announces Acquisition of Veritas Title Partners, L.P.
Old Republic Title has acquired the operating assets of Houston-based Veritas Title Partners, effective October 1, 2022. This strategic acquisition bolsters Old Republic Title's extensive network, which includes over 275 branch locations nationwide. Carolyn Monroe, President of Old Republic Title, emphasized the enhancement of their Houston operations through Veritas Title's experienced team. Veritas Title's leadership expressed pride in joining Old Republic Title, which promises to maintain high service standards while accessing advanced technology and resources.
- Expansion of operations in Houston through the acquisition of Veritas Title Partners.
- Enhancement of service quality leveraging Veritas Title's expertise and reputation.
- Access to Old Republic's national network and technological resources.
- None.
CHICAGO, Oct. 3, 2022 /PRNewswire/ -- Old Republic Title has acquired the operating assets of Houston-based Veritas Title Partners, L.P. (Veritas Title), as of October 1, 2022. The acquisition adds to Old Republic Title's existing network of direct operations that includes more than 275 branch and subsidiary office locations nationwide.
"Veritas Title is one of the premier local title agents in the Houston area and adding their group of experienced title professionals to our Houston Division will enhance Old Republic Title's existing operations," states Carolyn Monroe, President, Old Republic Title. "Veritas Title has built a stellar reputation with Michael Knudsen and Sandra Paige at the helm, and we are delighted to welcome their employees to the Old Republic family. We have long valued their commitment to providing the best possible service to their residential and commercial customers and Old Republic Title policyholders, and we look forward to helping them leverage our national network of operations, underwriting expertise and financial strength."
Knudsen, Chief Financial Officer and one of the founding partners of Veritas Title, adds, "We are proud to join forces with Old Republic Title. Our customers will continue to enjoy the same great service they've come to expect, while benefiting from technology resources that come with the backing of such a financially strong and well-respected national underwriter."
About Old Republic
Chicago-based Old Republic International Corporation is one of the nation's 50 largest shareholder-owned insurance businesses. It is a member of the Fortune 500 listing of America's largest companies. The Company is organized as an insurance holding company whose subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages mostly in the general and title insurance fields. Old Republic's general insurance business ranks among the nation's 50 largest, while its title insurance operations are the third largest in its industry.
For Old Republic's latest news releases and other corporate documents: Please visit us at www.oldrepublic.com | ||
Alternatively, please write or call: Investor Relations Old Republic International Corporation 307 North Michigan Avenue, Chicago, IL 60601 (312) 346-8100 | ||
At Old Republic: | At Financial Relations Board: |
Craig R. Smiddy, President and CEO | Analysts/Investors: Joe Calabrese 212/827-3772 |
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SOURCE Old Republic International Corporation
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