Titlesolv and London & European are consolidating under the Titlesolv brand.
Titlesolv will provide a wide range insurance policies and solutions for the real estate industry. Solutions will include:
• An expanded range of Perfect Title products, including a promise for settlement of all claims within six months. Available solutions have can address potential requirements such as portfolio management, gap cover, secured lending and distressed assets.
• A new system which provides secure online quotes for many standard cover needs for commercial and residential purchases or refinancing transactions up to £5 million in value, as well as standard inflation protection for all residential transactions (and optional for commercial) to cover the full limit of indemnity selected.
• A range of specialised solutions for highly complex property transaction types, including policies designed specifically for the renewable energy, telecommunications, and retail sectors and for highly technical issues such as judicial review.
The news follows the recent acquisition of London & European and the Titlesolv brand by Inter Hannover some months ago. Inter Hannover is a wholly owned subsidiary of Hannover Re.
Christopher Taylor, CEO of Titlesolv, said: “We are excited to announce the consolidation of our business under a single, even more powerful Titlesolv brand. We see a real opportunity to provide something new – and much needed – to the marketplace in terms of risk management solutions, particularly as the property sector continues to regain its momentum.
“The strategic investment from Inter Hannover has allowed us reorient the business to ensure that intelligent thinking, market intuition and innovation powered by ground-breaking technology are at the heart of everything we do.
“Bringing together an inspired team with some of the greatest minds in the sector who pride themselves in delivering intelligent and intuitive solutions every day, we are now poised to become the most trusted and preferred provider of title and indemnity insurance needs for the property sector in the UK and Ireland.”