Last update: Sept. 28, 2017
Media Release archive
TitlePLUS® partners with Edmonton-based insurance broker
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February 27, 2003, Toronto, ON: Phoenix Insurance Group Edmonton Inc., an Alberta-based risk management and insurance brokerage firm, and TitlePLUS have announced that they will be working in association to bring the TitlePLUS title insurance product to the Alberta real estate marketplace.
TitlePLUS recently launched its title insurance product, which provides comprehensive title protection for consumers buying property, refinancing a mortgage or borrowing money secured against a residential home, in Alberta. Partnering with the Phoenix Group ensures that those interested in securing TitlePLUS title insurance coverage for their transactions can do so quickly and easily. Any lawyer in good standing in Alberta will be able to secure TitlePLUS title insurance coverage by contacting Phoenix Group at 780-482-6936 or 1-800-563-5325.
The Phoenix Group is one of the largest private insurance brokerage firms in western Canada, with offices in Edmonton, Grande Prairie, Red Deer, Hinton and Drayton Valley. The company, which was founded in 1983, places more than $40 million in premiums annually, covering commercial, employee benefits, life, personal and surety products. In addition to purchasing insurance, the company provides claims facilitation, risk management services and training to clients in all major industry sectors. The Phoenix Group is known for its innovative ownership-based structure, strong customer focus and cutting edge service and products.
TitlePLUS is a Canadian-owned title insurer, providing consumers and lenders with comprehensive title insurance coverage for residential home purchases, and refinance/mortgage-only transactions. TitlePLUS provides title insurance coverage for title-related problems that could affect the ownership or marketability of the property in the future, as well as for the legal services provided by the lawyer closing the transaction. TitlePLUS also insures against many of the risks that normally would be beyond the scope of the lawyer's opinion - issues such as fraud, forgery, survey errors, the absence of an up-to-date survey and errors made by governments. If a problem with title surfaces after the deal has closed, or if it is discovered that the lawyer made an error or omission, TitlePLUS either:
Since its launch in 1997, TitlePLUS has become a mainstay of real estate practice in Ontario, and is now available in Atlantic Canada, Manitoba and most recently Alberta.
"Our partnership with the Phoenix Group ensures we will have a strong local presence with a firm that complements our emphasis on customer service and innovation," said Kathleen Waters, Vice-President of TitlePLUS. "We look forward to working together to service the needs of the Alberta real estate market."
"We are excited by this new partnership and the opportunity to play a part in bringing title insurance, and TitlePLUS specifically, to this market. We believe the potential for this type of product is very good," said Ingrid Butler-Sieben, Manager, Personal Lines for the Phoenix Group.
TitlePLUS was developed by Lawyers' Professional Indemnity Company (LAWPRO®), a wholly Canadian-owned insurance company providing title insurance in the Canadian market. LAWPRO currently underwrites the professional liability insurance program for all members of the Ontario and Newfoundland bars, in addition to providing TitlePLUS in numerous jurisdictions across the country.
On or about October 2, 2017