LDD expands into U.S. market with unique online title insurance platform
LDD expands into U.S. market with unique online title insurance platform
Initiative with U.S.-based ‘Attorneys Title Guaranty Fund’ (ATGF) will deliver to clients unprecedented new levels of service and accuracy
TORONTO (Sept. 4, 2008) - Canada’s LawyerDoneDeal Corp., a leading provider of Web-based business services, announced today that it has expanded its services into the United States with the launch of a new online title insurance platform designed for U.S. real estate attorneys.
LawyerDoneDeal Corp. (LDD®) has launched a new initiative with U.S.-based title insurance company Attorneys Title Guaranty Fund, Inc. (ATGF), in which LDD will provide ATGF and its agents a customized, Internet-based title insurance distribution and underwriting platform under the brand name ‘EPIC™’ (Electronic Policy Issuance Capability).
“The new EPIC platform creates virtual underwriting capabilities that give attorneys an unprecedented new level of convenience, speed and cost savings,” said ATGF president Christopher J. Condie, noting that EPIC is designed specifically for bar-related title insurers and their attorneys. “We have for the first time eliminated the need to order or maintain policy forms, replacing traditional transaction methods with online creation and delivery of policies, as well as related documents and data, plus online payment capabilities.”
“ATGF participates in tens of thousands of transactions each year involving complex and constantly changing U.S. real estate laws”, Condie noted.
“With the new EPIC online platform, attorneys will be even better prepared to deliver service that protects buyers and sellers against hidden or unforeseen title problems that can jeopardize real estate investments,” he added. “ATGF has more than 45 years of experience in real property transactions and this initiative represents a true breakthrough in improved service, efficiency and costs for legal professionals and their clients.”
The newly designed EPIC platform, available to U.S. users through AttorneyDoneDealâ, will permit users to prepare ATGF commitments, policies, endorsements and closing documents, including closing protection letters, all online using unique password access. The EPIC system offers a significant level of formatted, ‘virtual underwriting’ that lets users write fast and accurate commitments and policies regardless of their experience level. EPIC is the only online program connected directly to ATGF and its underwriter/agent network.
“We’ve developed a unique new system for the U.S. market and, based on the hugely positive response to date, we anticipate expanding our current offering to even more users in partnership with ATGF,” said Maurizio Romanin, president of Toronto-based LawyerDoneDeal Corp. ATGF currently serves professionals in the states of Colorado, Minnesota, Utah and North Dakota. “The EPIC system provides a single data entry system similar to other products on the market but at a fraction of the cost.”
LDD will be a major sponsor at ATGF’s annual conference being held in Colorado in October, where Romanin will be a keynote speaker and where the EPIC system will be demonstrated to conference participants.
About LawyerDoneDeal Corp.
LawyerDoneDeal® delivers state-of-the-art Web-based business services for the legal profession, mortgage lenders, home builders and other professionals who work with lawyers as part of the delivery of their products and services. Through its Internet-based ASP model, LDD is creating efficient new ways for professionals to work together more accurately and reliably. Visit www.lawyerdonedeal.com to find out more about our solutions.
About Attorneys Title Guaranty Fund, Inc.
Attorneys Title Guaranty Fund, Inc. (ATGF) is based in Denver, Colorado, and issues title insurance throughout its vast network of licensed attorney agents working in the states of Colorado, Minnesota, Utah and North Dakota. ATGF has offices in Minneapolis, Minn., and Salt Lake City, Utah. ATGF’s mission is to preserve the role of the attorney in real estate transactions and to provide support to facilitate the attorney in delivering professional services.
For more information or to arrange an interview contact:
Mark Nusca
Porter Novelli Canada
416.433.2897
Mark.nusca@porternovelli.com
® LDD, LawyerDoneDeal and AttorneyDoneDeal are registered trademarks of LawyerDoneDeal Corp.
™ EPIC is a trademark of LawyerDoneDeal Corp.
For original press release, see: LDD Press Release-EPIC (final).doc