The First American Corp., a provider of business information and title insurance services, has expanded its title operations to Poland, the company said today, making another push towards the company’s international title development plans.
First Title Poland, a limited liability company, will offer title insurance services for lenders, investors and developers, the company said.
First Title’s insurance policies have been tailored to address title issues unique to Poland, and aim to help simplify, quicken and standardize real estate transactions throughout the country.
“The availability of title insurance will foster new and significant real estate activity in Poland by developers, purchasers and lenders,” said Phillip Oldcorn, CEO of First Title Insurance plc, the underwriter of First Title Poland and principal subsidiary of First Title plc, a wholly owned subsidiary of The First American Corp.
First Title Poland was formed by the association of First Title Insurance plc, and First Title CEE.
First American has more than 1,700 title employees in Canada, Australia, Europe and Asia.