First Title Develops Regional Sales Proposition with Simpson Appointment
July 9, 2008, LONDON
First Title Insurance plc (First Title), a subsidiary of First Title plc and the largest provider of title insurance in the United Kingdom and Europe, today announced the appointment of David Simpson as sales manager for the UK regions.
Simpson, who will report directly to First Title’s managing director, David Hawkins, joins from Stewart Title where he worked as a business development executive. He also previously held management roles at Halifax plc, Darlington Building Society, The Pearce Murphy Partnership and Loughborough Building Society.
Simpson’s new role will see him heading up First Title’s regional sales team. He will be tasked with extending the range of First Title’s offering, as well as developing and expanding First Title’s commercial title insurance sales in the UK regions.
David Hawkins commented: “The title insurance sector is growing rapidly in the UK. We have seen significant growth in 2007 which, despite current market conditions, we expect to see continue throughout 2008. David’s appointment supports our growth plans and our commitment to the sector.
“It is essential to support activities within the sector with dynamic and experienced individuals who are able to thrive in this quickly evolving environment. As the largest provider of title insurance in the UK, we intend to maintain our dominant position in the market and support our ambitions for growth with the ongoing appointments of key personnel across all of our divisions.”
About First Title plc
First Title plc has nine offices throughout Europe — five offices in the United Kingdom and elsewhere in Germany, Poland, Hungary and Turkey — with more than 600 employees. It provides a wide range of innovative products that enable lawyers, mortgage lenders and estate agents to deliver more efficient and advanced service to their property clients. More information about the company can be found at www.firsttitle.eu. First Title is a wholly owned subsidiary of The First American Corporation (NYSE: FAF), a FORTUNE 500® company that traces its history to 1889. First American is America’s largest provider of business information, supplying businesses and consumers with valuable information products to support the major economic events of people’s lives. Additional information about the First American Family of Companies can be found at www.firstam.com.
Certain statements made in this press release, including those relating to First Title’s market position and continued growth, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These and other forward-looking statements may contain the words “believe,” “anticipate,” “expect,” “predict,” “estimate,” “project,” “will be,” “will continue,” “will likely result,” and other similar words and phrases. Risks and uncertainties exist that may cause results to differ materially from those set forth in these forward-looking statements. The forward-looking statements speak only as of the date they are made. The company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.