First Canadian Title (Services de Titres FCT)

First Canadian Title (Services de Titres FCT)

March 31, 2005 07:00 ET

FIRST CANADIAN TITLE STRENGTHENS ITS ROOTS IN CANADA

Attention: Assignment Editor, Business/Financial Editor, News Editor OAKVILLE, ONTARIO--(CCNMatthews - March 31, 2005) - First Canadian Title, a pioneer in the Canadian title insurance industry, has been registered and licensed as this country's newest national insurance company - a move that further demonstrates the company's commitment to expand its role within the Canadian insurance industry.

"With our broader, national status, we are now able to expand our title insurance product offerings and provide more flexible services to our current and future customers," said Tom Grifferty, Chief Executive Officer, First Canadian Title. "This move not only allows us to provide a wider range of services, it sends a message - to both customers and employees - that we are prepared to further invest in Canada."

First Canadian Title was recently selected for the 2005 edition of Canada's Top 100 Employers - the only title insurance company to be named to this year's list.

"First Canadian Title's most valuable asset is its employees," added Grifferty. "We remain committed to this market and to building on our success as one of Canada's Top 100 Employers."

Founded in 1991 and based in Oakville, Ontario, First Canadian Title pioneered the concept of title insurance in Canada. In May of 2004, the company announced that it had issued its two millionth Canadian title insurance policy.

"In a little over a decade, we have helped protect millions of Canadian households and lenders from unforeseen circumstances, such as real estate title fraud, renovations without a permit, and property disputes," said Patrick Chetcuti, President, First Canadian Title. "We look forward to expanding our services and further growing our business in Canada - with the ultimate goal of helping Canadians protect their most important asset, their home."

About First Canadian Title
First Canadian Title is Canada's leading provider of title insurance for residential and commercial real estate transactions and other related products and services. Established in 1991, we pioneered the concept of title insurance in Canada. As a member of The First American Family of Companies, our financial strength, stability and commitment to service excellence are second to none in the industry.

Based in Oakville, Ontario, First Canadian Title employs approximately 500 people from coast to coast. Our customers include more than 11,000 lawyers and notaries nationwide, every major Canadian chartered bank, other lending institutions, real estate agents, mortgage brokers and builders. Insurance by FCT Insurance Company Ltd. Services by First Canadian Title Company Limited. For more information about First Canadian Title, please visit www.firstcanadiantitle.com.

For more information please contact:
David Doze
Pilot PMR
416-462-0199 ext 25
david@pilotpmr.com

Mary De Sousa
First Canadian Title
1-800-307-0370 ext. 3092
mdesousa@firstcdn.com

IN: OTHER

Contact Information

  • David Doze, Pilot PMR for First Canadian Title
    Primary Phone: 416-462-0199 ext. 25
    Secondary Phone: 416-779-5560
    E-mail: david@pilotpmr.com