Secure Legal Title Ltd. announced the registration at Lloyd’s of London of the Secure Legal Title Cover, providing legal indemnity and title insurance for commercial property in the UK and throughout Europe.
The Secure Legal Title Cover protects against losses arising from legal risks related to real estate acquisitions and mortgage finance by:
- Covering defects in land titles, including restitution issues, planning permission and building permits;
- Facilitating property sales and mortgage participations;
- Insulating fiduciaries against exposure to litigation.
The Secure Legal Title Cover is underwritten by Lloyd’s of London, led by Catlin Syndicate 2003 and is backed by Lloyd’s financial strength.
Secure Legal Title Ltd. was formed by four senior insurance industry professionals: Sean Dalton, chairman, has created and run leading Lloyd’s syndicates and agents; Joel S. Peck, CEO, and Jean-Bernard Wurm, managing director, previously launched and managed two top U.S. title insurance companies in Europe; and Geoffrey Lynch OBE, underwriting officer, has extensive experience as an underwriter at Lloyd’s.
Source: Secure Legal Title Limited
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