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About First Title
In Australia and New Zealand, the First American Group of Companies trade as First Title.
Every year, a First American Company is involved in over 90% of all property transactions
in the United States. Title insurance is not a uniquely American product. Those
in the business of owning and lending on property in the UK and Canada also know
that First American Title has the undisputed reputation of being at the forefront
of the title insurance industry.
In Australia and New Zealand, First Title has issued over 306,000 policies
and paid more than A$6.9 million in claims. To date, First Title has insured
more than 6% of all Australian home loans.
Through title insurance and a range of related processing and settlement services,
First Title assists property lenders and owners with the streamlining and protecting
of real estate transactions to greater levels than can be achieved through traditional
avenues.
The insurer, First American Title Insurance Company of Australia Pty Limited, has
been licensed to do business in the Commonwealth of Australia since 1996. It operates
under the authority of the Australian Prudential Regulation Authority and its underwriting
risks are re-insured with its parent company, First American Title Insurance Company
in the United States.
Streamlining and protecting real estate transactions
with innovative products and services
First Title provides its unique range of innovative products and services to
customers throughout Australia via a network of service centres located in the capital
cities of each state as well as a satellite office in Auckland, New Zealand.
First American Title Insurance Company of Australia is a registered company with
ASIC and holds an Australian Financial Services licence. First Title is a Full
Member of the Mortgage and Finance Association of Australia and is rated A- (Excellent)
by A.M. Best, the world's oldest rating agency dedicated to the insurance
industry.
The First American Corporation
The First American Corporation (NYSE: FAF) is a FORTUNE 500® company that traces its history
to 1889. With revenues of approximately $8.2 billion in 2007, it is America's largest provider
of business information. First American combines advanced analytics with its vast data resources
to supply businesses and consumers with valuable information products to support the major
economic events of people's lives, such as getting a job, renting an apartment, buying a car or
house, securing a mortgage and opening or buying a business. The First American Family of Companies,
many of which command leading market share positions in their respective industries, operate within
five primary business segments, including: Title Insurance and Services, Specialty Insurance,
Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and
Business Solutions. More information about the company and an archive of its press releases can be
found at www.firstam.com
First American is rated A- by Standard & Poors, A3 by Moody's Investor
Service, A- by Fitch Ratings and A- (Excellent) by AM Best.
Our international First Title offices include Canada, United Kingdom,
New Zealand,
Hong Kong & Asia and the
United States.
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