"John is a proven leader in national title insurance underwriter operations, the implementation of performance efficiencies and ultimately business initiatives that deliver. We are thrilled to welcome him to our team."
Miami, Florida (PRWEB) November 18, 2011
North American Title Insurance Company (NATIC), a leading national title insurance underwriter today announced the appointment of John Fries to its executive leadership team as EVP and Chief Underwriting Counsel. In this role, Mr. Fries will manage the Miami Corporate office, establish sound national underwriting guidelines and streamline the company’s policies and procedures. As Chief Underwriting Counsel, he is responsible for providing direction to the regional underwriting counsels across the country to create a cohesive underwriting team. Mr. Fries will be a key corporate leader in developing title production solutions, exceptional pricing programs and agent-centric service solutions to support existing and new agent partners. Mr. Fries will create the framework in which NATIC will employ vanguard closing and title software technology to enhance the company’s internal operations and make it easier for agents to interact with the company. Mr. Fries brings to North American Title Insurance Company more than 33 years of national underwriting and title insurance operations experience.
"The measure of success in this economic environment is changing rapidly and underwriters such As North American Title Insurance Company must continue to innovate and offer value through differentiated solutions," said Emilio Fernandez, President, NATIC. "John is a proven leader in national title insurance underwriter operations, the implementation of performance efficiencies and ultimately business initiatives that deliver. We are thrilled to welcome him to our team."
Prior to joining NATIC, Mr. Fries spent 3 years as Vice President, Business Control Manager for the title services division of a major national bank. There, he managed a team providing operational and transactional title underwriting guidance for the company’s title operations. Mr. Fries has been an underwriting counsel for over 20 years and has held the position of Senior Vice President, Underwriting Counsel for a leading national title insurance underwriter for over 15 years. As Chief Underwriting Counsel, Mr. Fries led the national title insurance operations and established and implemented the general underwriting policy for the company. He was also instrumental in developing an automated, rules-based underwriting system that emulated the decision making analysis of a human examiner. Mr. Fries spent the first 16 years of his career providing legal and underwriting support in private practice and for various banks and title insurance companies.
About North American Title Insurance Company
North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping customers achieve the American dream of home ownership for over 50 years. The company provides title services through its coast-to-coast operations in over 28 states. NATIC, through its affiliated agency NATC, and vast network of independent agents, conducts real estate settlement services throughout the country. NATIC earned the reputation as the “underwriter next door,” because their associates are always easy to reach and their processes are, at all times, quick and straightforward. The NATIC agency application process is fast and transparent for qualified agents. NATIC has a one-hour underwriting response guarantee that is unparalleled in the industry.
NATIC is the largest capitalized company in Pier Group 2, which groups companies with capitalization between $25,000,000 and $100,000,000. NATIC is ranked 8th by The Performance of the Title Insurance Underwriters© in terms of cash or cash equivalents. North American Title Insurance Company maintains over $67,000,000.00 in cash or cash equivalents. This represents over 92% of the company’s assets and is characteristic of the most important attribute to Title Protection, namely, Financial Responsibility.
Demotech, Inc. awarded NATIC a rating of: A’ (A Prime) Unsurpassed. NATIC is headquartered in Miami, Florida. To learn more, visit http://www.natic.com
To Contact Mr. Fries
John A. Fries
EVP and Chief Underwriting Counsel,
North American Title Insurance Company
730 N.W. 107th Avenue, Suite 301
Miami, Florida 33172
Main Number: 1-800-374-8475