ORI Profile
Old Republic International Corporation, headquartered in Chicago, Illinois, operates as a diversified insurance underwriting and services provider primarily in the United States and Canada. Established in 1923, the company operates through three key segments: General Insurance, Title Insurance, and the Republic Financial Indemnity Group Run-off Business.
The General Insurance segment offers a wide array of insurance products including automobile extended warranty, aviation, commercial property, general liability, workers' compensation, and home warranty coverage. It also provides financial indemnity products tailored for specialty coverages such as errors and omissions, fidelity, guaranteed asset protection, and surety bonds. These offerings serve a diverse clientele spanning transportation, healthcare, education, energy, and financial services industries.
The Title Insurance segment specializes in offering lenders' and owners' title insurance policies, leveraging comprehensive searches of public records to protect real estate purchasers and investors. Additionally, this segment delivers escrow closing services, construction disbursement services, and various real estate information products and default management services.
The Republic Financial Indemnity Group Run-off Business segment focuses on providing private mortgage insurance coverage, safeguarding mortgage lenders and investors against losses stemming from default on residential mortgage loans primarily for homebuyers. Old Republic International Corporation continues to uphold its legacy of financial strength and reliability, supporting its clients with tailored insurance solutions and services that promote stability and security in the real estate and broader commercial sectors.
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