CATIC Expands Footprint with New Texas Operations

Author: Henry Turner Updated: 09-10-2024 05:29 PM

CATIC Launches Services in Texas

CATIC is thrilled to announce its extension into Texas, marking a significant milestone in the company’s journey. This expansion shows CATIC's commitment to providing exceptional title insurance services across the United States. The company’s agents are now actively issuing title insurance policies throughout Texas, helping to safeguard the interests of property owners and lenders alike.

Meet the Team Behind CATIC's Texas Operations

At the forefront of this expansion are key figures, Patrick Opela and Fred Schraub. Patrick serves as the VP and State Manager for Texas, while Fred holds the position of VP and State Counsel. Both Patrick and Fred are well-established professionals within the Texas real estate community and bring with them invaluable experience and respect within the industry. Their deep-rooted relationships among agents position them perfectly to lead CATIC’s initiatives in Texas.

Company Leadership's Vision

In a statement regarding the expansion, Kyle Rank, CATIC's SVP and National Agency Manager, expressed enthusiasm about the new Texas operations. He emphasized the importance of having reliable leaders like Patrick and Fred onboard, reinforcing CATIC’s mission to promote independent agency services. Their appointment signifies confidence in the strategy to enhance CATIC's presence in the real estate sector.

CATIC's Legacy and Core Values

CATIC has built a formidable reputation as a leading title insurance underwriter over the past 50 years. The company is dedicated to offering high-quality services to agents, lenders, homebuyers, and the wider real estate community. Operating through an expansive network of independent agents across 25 states, CATIC’s approach is firmly centered on supporting these agents without competing directly with them.

Commitment to Independent Agents

The essence of CATIC's operations is rooted in the belief that independent agents are crucial to the success of the real estate ecosphere. The company does not pursue direct agency operations, ensuring that its focus remains solely on enhancing the business of its partners. This commitment significantly contributes to a thriving independent agency network, with CATIC currently collaborating with over 2,400 agents nationwide.

CATIC’s Services Across the U.S.

CATIC is renowned for offering various title insurance policies, including standard American Land Title Association (ALTA) policies and extended protection options for both residential and commercial properties. As the ninth largest title insurance underwriter in the nation, CATIC is dedicated to preserving the integral role of independent agents within the industry.

Stability and Recognition

Integrity and reliability define CATIC's position in the market. The company has earned high ratings from Demotech and Kroll Bond Ratings for its operational stability, reflecting its dependability and industry-standing. For more than five decades, CATIC has established itself as a trusted partner for independent agents seeking robust title insurance solutions.

Looking Ahead

With the launch of its Texas operations, CATIC aims not only to expand its influence in the title insurance field but also to empower local agencies. The leadership is committed to ensuring that agents equipped with CATIC’s resources can thrive in their endeavors. As CATIC grows, it embraces the opportunity to serve even more independent agents, ultimately enhancing the real estate landscape in Texas and beyond.

Frequently Asked Questions

What is the significance of CATIC's new operations in Texas?

The expansion into Texas represents CATIC's commitment to providing quality title insurance services and supporting independent agents in the state.

Who are the key figures leading CATIC's Texas operations?

Patrick Opela and Fred Schraub are leading CATIC's efforts in Texas, bringing extensive experience and industry connections.

What services does CATIC offer?

CATIC provides various title insurance policies, including ALTA standard policies and extended protection for residential and commercial properties.

How does CATIC support independent agents?

CATIC focuses exclusively on servicing independent agents, offering them resources without competing in the agency space.

What are CATIC's industry ratings?

CATIC has received high ratings from Demotech and Kroll Bond Ratings, highlighting its stability and reliability in the title insurance market.

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